tiprankstipranks
Trending News
More News >

Dekel Agri-Vision Eyes Profitability Amid Production Shifts

Dekel Agri-Vision Eyes Profitability Amid Production Shifts

Dekel Agri-Vision (GB:DKL) has released an update.

Confident Investing Starts Here:

Dekel Agri-Vision reports a mixed outlook as its palm oil production faced a 17.9% decline in October 2024 due to an extended low season, yet benefits from high international crude palm oil prices are anticipated to boost future sales. Meanwhile, the company’s cashew operation is showing promising improvements with enhanced equipment boosting processing rates and quality, setting the stage for positive cash flow by December 2024. These developments indicate potential for increased profitability as Dekel moves into 2025.

For further insights into GB:DKL stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1