Australian Agricultural Projects Posts Quarterly Cash Surplus, Expects Seasonal Cash Flow to Stay Positive
Australian Agricultural Projects reported an operating cash surplus of approximately $1 million for the September quarter and expects positive operating cash flow through the December and March quarters, with a temporary deficit anticipated during the June harvest-spending period. The 2026 harvest oil has been sold apart from one small parcel awaiting collection, while orchard conditions and dam storage have improved; management expects the next harvest outlook review after fruit set. Core lending facilities were reduced during the quarter, with further principal reductions forecast for the rest of the financial year.
Closing price · 2026-10-27: $0.057 · +0.00%