Australian Agricultural Projects Posts Quarterly Cash Surplus, Expects Seasonal Cash Flow to Stay Positive
Closing price · 2026-10-27: $0.057 · +0.00%
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.