Select Harvests Limited (ASX: SHV), one of Australia’s leading almond producers, has rebounded to profitability, reporting a net profit of $1.5 million for the full year. This marks a significant turnaround from the $114.7 million net loss recorded in FY23. The company’s improved performance reflects strategic measures to recover from previous financial setbacks. At the time of writing, Select Harvests’ shares rose modestly by 0.7%, signaling positive market sentiment.
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