Ricegrowers Limited operates in the Rice milling sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ricegrowers Limited with three other
bakery and confectionary companies in Australasia:
Health and Plant Protein Group Ltd
(2020
sales of 42.69 million Australian Dollars [US$32.94 million]
),
Retail Food Group Ltd
(236.39 million Australian Dollars [US$182.40 million]
of which 51%
was Manufacturing & Distribution), and
Ridley Corporation Limited
(968.03 million Australian Dollars [US$746.93 million]
of which 100%
was AgriProducts).
Sales Analysis.
Ricegrowers Limited reported sales of A$1.13 billion (US$875.63 million)
for the
fiscal
year ending
April of 2020.
This
represents
a
decrease of 4.9%
versus 2019, when the company's sales were A$1.19 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Ricegrowers Limited had sales
of A$1.25 billion.
Contributing to the drop in overall sales was the 31.5% decline
in Rice Pool, from A$325.93 million to A$223.15 million.
There were also decreases in sales in
Coprice (down 9.5% to A$139.90 million)
and
Rice Food (down 0.2% to A$99.56 million)
.
However, these declines were partially offset by the increase in sales of
Inter-National Rice (up 10.2% to A$531.43 million)
and
Riviana (up 7.9% to A$136.58 million)
.