Imperial Sugar’s share price slumped to a 52-week low on Wednesday, after it reported a wider net loss in the fourth quarter and missed analyst expectations by $1.84.
Rice bran ingredient supplier NutraCea has reported a net loss of $32.1m in the year ended December 31, 2009, according to results filed with the US Securities and Exchange Commission (SEC).
MGP Ingredients has said that its increasing focus on value-added ingredients has contributed to an ongoing turnaround in its finances – reporting a $4.8m net profit for Q2 2010, compared to a $47.7m loss in Q2 2009.
MGP Ingredients has said it expects a significant positive turnaround in the first quarter of fiscal 2010, as it hopes to exit a transition period toward value-added ingredients.