# Namoi HY23 earnings up 133pc in challenging season - Grain Central

> Namoi Cotton reported a 133% rise in half-year EBITDA to $20.9M for the half to August 31, 2022, on cotton ginned volumes that doubled. Flooding in New South Wales caused logistics disruption at its Wee Waa distribution centre.

- Date: 2022-10-27 · published 2022-10-27T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/39244-namoi-hy23-earnings-up-133pc-in-challenging-season-grain-central
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

This is a company earnings report with no direct price mechanism for feed commodities. Cottonseed marketing volumes rose 97%, but the effect on prices is marginal.

## Sources

- graincentral.com: https://www.graincentral.com/news/namoi-hy23-earnings-up-133pc-in-challenging-season/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.