Sunrice reports 24% increase in group profits at half year
date:Dec 26, 2012
nRice Chairman Mr. Gerry Lawson AM said it was the strong first half result in the Australian Rice Milling and Marketing business that underpinned the October increase in the indicative Australian 2012 medium grain paddy price, from $260 per tonne to $280 per tonne.

Having returned from drought, reinstated two of our regional mills and taken Australian rice back to the world, SunRice is in robust shape, he said.

Debt reduced

SunRice also reduced its debt by $18 million during the past six mon
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