Ruralco Holdings announces positive results

Company News

Ruralco Holdings Limited (ASX:RHL) has announced positive half-year financial results for the six months to 31 March 2016.
 
Ruralco’s revenue grew by $803.7 million, and its underlying net profit was $11.5 million.
 
The company confirmed that it will pay a fully franked interim dividend of $0.08 per share, which will be paid to shareholders on 21 June 2016.
 
The company’s chairman, Robert England, said that this is a “record result” which reflects “the maturing of new businesses in the network”.