Incitec Pivot’s net profit after tax for the six months ended March 31 rose 54% year on year to AUD 64.6 million ($41.9 million), the company said in a May 11 statement. Revenues in the six months rose 6.1% year on year to AUD 1.85 billion with its fertilisers segment posting an 11% rise in revenues to AUD 616.5 million. Incitec’s Fertilisers Asia Pacific segment EBIT loss declined to AUD 9.9 million from a loss of AUD 32.5 million in the same period 2019.
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