CHS reports fiscal year 2021 first quarter net income of $69.7 million
Energy sector earnings decline significantly from fiscal 2019 to fiscal 2020, while ag earnings show improvement.
Source: farmprogress.com
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CHS reports $69.7 million in first quarter fiscal 2021 net income
BY PR Newswire | January 7, 2021 ST. PAUL, Minn., Jan. 7, 2021 /PRNewswire/ — CHS Inc. (NASDAQ: CHSCP), the nation’s leading agribusiness cooperative, today reported net income of $69.7 million for the first quarter of fiscal year 2021 that ended Nov. 30, 2020. This compares to net income of $177.9 million in the first quarter of fiscal year 2020. The results for the first quarter of fiscal year 2021 reflect: Revenues of $8.7 billion compared to revenues of $7.6 billion for the firs...
Source: kneb.com