Financials & Economy

While its second-quarter net income dropped compared to last year, The Andersons is looking to grow earnings through investment in ethanol.

Revenues also were lower in the period, slipping 5% to US$21.17 billion from US$22.25 billion.

This loophole has prompted accusations of trade distortion, with Indian processors and farmers facing unfair competition.

The 6.7% rise was largely attributed to recent acquisitions that enhanced the company’s operational scale and market reach.

GSSC has offered a cautious outlook for the upcoming fiscal year, projecting a 37.9% drop in profits amid expected market volatility.