South Dakota Soybean Processors, LLC Reports Strong Earnings Growth for Q2 and Six Months

2023-08-11 12:04:49

South Dakota Soybean Processors, LLC reported results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue of $184.94 million, compared to $175.25 million one year ago. Net profit amounted to 9.71 million USD, compared to 22.76 million USD the previous year. Basic earnings per share from continuing operations were $0.32, compared to $0.75 a year ago. Diluted earnings per share from continuing operations were $0.32, compared to $0.75 a year ago.
For the six-month period, revenue was $356.85 million, compared to $346.97 million a year ago. Net profit amounted to 32.45 million USD, compared to 41.06 million USD a year ago. Basic earnings per share from continuing operations were $1.07, compared to $1.35 a year ago. Diluted earnings per share from continuing operations were $1.07 versus $1.35 a year ago.


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