Financials & Economy
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General Mills’ pet segment sales increased by 9% to US$2.5 billion in FY23
USA- In fiscal year 2023, which ended May 28, pet product net sales for General Mills increased 9% to US$2.5 billion, according to the most…
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Ceres third-quarter results reveal marginal losses of US$0.5M to market volatility and extreme weather
USA- Minnesota-based Agri commodity trader Ceres Global Ag Corp released its third quarter results, revealing marginal losses that resulted from market volatility and extreme weather…
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GrainCorp registers US$134m net profit owing to increased oilseed crush volumes bumper canola crop
AUSTRALIA- GrainCorp reported A$200 million (US$134 million) in net profits after taxes for the first half of the 2023 financial year that ended March 31,…
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Bayer foresees dismal 2023 results amid inflation and deflated prices, invests US$65m in Ukraine operations
GERMANY- Drug and pesticide maker Bayer estimates that its 2023 results will likely come in at the lower end of its targeted range, jeopardized by…
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Hill’s Pet Nutrition profits dropped on higher production costs while sales surged by 14% in Q1 2023
USA- The finances of Colgate-Palmolive-owned Hill’s Pet Nutrition followed a similar pattern as the final quarter of 2022, with net sales increasing by 14% to…