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Imre Mencshelyi

CBH profit jumps to $87.3m, warns 06-07 impacted by drought

West Perth-based grain storage and marketer Co-operative Bulk Handling Group has warned that its strong $87.3 million net profit, a rise of a more than 40 per cent, won't be repeated this year due to the drought last season.

AWB vetos CBH export application

AWB International has used its veto power to reject a bulk export licence application from Co-operative Bulk Handling Group, protecting wheat growers delivering to the National Pool, while leaving WA wheat growers with few options.

CBH waits on Interflour move

Cooperative Bulk Handling’s investment in South-East Asian joint venture Interflour is shaping as a healthy move for the group, as the flour miller prepares to post a considerable turnaround in profit early next year.