AUSTRALIA: Buderim insists on FY dividend despite sinking to red in H1
Buderim Ginger, the largest producer of confectionery ginger in the world, said yesterday [Thursday] that it anticipates paying a fully franked final dividend, after forecasting a pre-tax profit of about A$1m for the full year.
Buderim Ginger, the largest producer of confectionery ginger in the world, said yesterday [Thursday] that it anticipates paying a fully franked final dividend, after forecasting a pre-tax profit of about A$1m for the full year.
According to a report in the Gold Coast Bulletin, however, Sunshine Coast-based Buderim saw sales fall 7% in its H1 to A$13.4m. Net profit sank A$131,000 into the red for the same period, compared to A$452,000 in the H1 2001.
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