Subscribe to RSS feedABB Grain's profit warning as Asian demand slows
ABB Grain has slashed its profit forecast for the 2009 financial year by more than 10% as Asian demand for malt, fertilisers and agricultural chemicals slows.
ABB Grain's Adelaide export facility
Difficult market conditions could see net profit after tax in the order of $43m to $53m for the year ending September 30, ABB Grain said.
The company's previous earnings forecast in May was for net profit after tax to be between $53m and $63m.
ABB Grain's...
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