March 17 (Reuters) - New Zealand's dairy exporter Fonterra FCG.NZ on Wednesday post
March 17 (Reuters) – New Zealand’s dairy exporter Fonterra FCG.NZ on Wednesday posted a 43% rise in adjusted revenue, helped by stronger world dairy costs and better demand for its merchandise as easing of pandemic-related restrictions has boosted financial restoration.
The corporate posted a normalised revenue after tax of NZ$418 million for the six months ended Jan. 31, up from NZ$293 million ($212.92 million) a yr earlier.
It additionally introduced an interim dividend of 5 cents per share.
($1 = 1.3761 New Zealand {dollars})
(Reporting by Soumyajit Saha in Bengaluru; Enhancing by Shinjini Ganguli)
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