Tate & Lyle Posts 28% Drop In H1 Pretax Profit, Lifts Dividend

by Benzinga Staff
November 8, 2012 3:18 AM | 21 seconds read | Make a Comment

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Tate & Lyle PLC (OTC: TATYY) reported a 28% drop in its first-half FY13 pretax profit and lifted its dividend. Tate & Lyle's sales for half year rose to GBP1.63 billion, from GBP1.54 million, in the year-ago period. Its operating profit dropped 26% to GBP187 million, from GBP255 million. Tate & Lyle's adjusted profit before tax rose 2% to GBP179 million from GBP177 million.Tate & Lyle shares closed at $46.85 yesterday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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