Nufarm H1 Profit Rises

Australia's

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.