Namoi Cotton Ltd (AU:NAM) has released an update.
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Namoi Cotton Ltd reports a stable Q2-FY25 with no significant change in business activities, boasting net cash inflows from operating activities of $7.53 million and customer receipts totaling $300.95 million. The company has ginned 950,000 bales out of an expected 1,050,000 for the 2024 season, amidst forecasts of above-average Australian cotton production for the upcoming season. These financial results reflect the company’s resilience and potential growth in the cotton industry.
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