Select Harvests Highlights Financial Reporting and Crop Valuation Challenges

Select Harvests ( (AU:SHV) ) has provided an update.

Select Harvests has released a management briefing and site tour presentation, highlighting the financial statements prepared in accordance with Australian Accounting Standards. The company emphasizes the inherent risks and uncertainties in estimating the value of its almond crop, which is classified as a biological asset. These estimates may lead to material adjustments in the company’s financials, impacting stakeholders and operational strategies.

More about Select Harvests

Select Harvests operates in the agricultural industry, focusing primarily on almond production. The company is involved in the cultivation, processing, and marketing of almonds, with a market focus on leveraging Australian agricultural standards and practices.

YTD Price Performance: 12.88%

Average Trading Volume: 1,435

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $408.2M

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