Sucro Limited (TSE:SUGR) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Sucro Limited reported significant growth in the second quarter of 2024, with revenue and sugar deliveries up by 16.6% and 13.4% respectively, and a record refinery volume of 58,613 metric tons leading to a new quarterly high in adjusted gross profit of $9.3 million. Despite earlier delays, the company is optimistic about its performance in the latter half of the year, marked by notable improvements in production.
For further insights into TSE:SUGR stock, check out TipRanks’ Stock Analysis page.