Scales lifts 1H sales across all divisions, reaffirms annual guidance

Tue, 27 Aug 2019

By Rebecca Howard Aug. 28 (BusinessDesk) - Agribusiness Scales Corporation reported revenue growth in all divisions in the first half and reiterated full-year guidance for increased underlying earnings. The company said net profit for the six months to June 30 was $121.8 million versus $34.8 million in the same period a year earlier. The latest result includes gains on asset sales of $93.2 million. Those divestments include the $151.4 million sale of Polarcold to Emergent Cold, which settled in May, for a gain of $73 million. The estab...

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