Market Overview

Nufarm H1 Profit Rises


Australia's Nufarm Ltd. (OTC: NUFMF) reported a 23% rise in its first-half earnings.

Nufarm's net profit for the year climbed to 23.1 million Australian dollars (US$18.2 million), versus a year-ago profit of A$18.8 million.

Its revenue surged 4% to A$1.18 billion versus A$1.14 billion.

The company's board announced its plans to pay an interim dividend of 4 Australian cents per share, compared to 3 cents per share.


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