Two consecutive bumper crops on Australia's east coast and increased demand caused by the war in Ukraine has resulted in record earnings for ASX listed grain handler GrainCorp.
Net profit for the six months to March 31 was up 382 per cent to $246 million, as revenue rose 49.9 per cent to $3.8 billion, with total grain handled rising from 30.4 million metric tonnes to 38 million.
