Market Overview

Incitec Pivot Annual Profit Down 24%

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Australian company Incitec Pivot (OTC: ICPVY) reported a 24% fall in its annual profit.

Incitec Pivot's profit excluding one-time gains dropped to 404.7 million Australian dollars (US$422 million). However, its net profit including gains came in at A$510.7 million.

Incitec Pivot shares closed at $3.02 yesterday.

 

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