date:Aug 17, 2012
US$137.1 million for 1H2012. Excluding non-operating items, loss before tax from operations increased by 4.4% to US$71.9 million for 2Q2012 (2Q2011 : US$68.9 million loss before tax) and 7.0% to US$131.8 million for 1H2012 (1H2011 : US$123.2 million loss before tax).
The increased loss was said to be due to wet weather across all cane regions in Australia which delayed the crushing season and resulted in lower sugar production. There is typically a Milling business loss for the first two quart