Select Harvests (ASX:SHV) reported Thursday fiscal first-half underlying earnings of AU$0.205 per share, up from AU$0.153 a year earlier.
Revenue for the six months ending March 31 was about AU$59 million, down from AU$104.5 million a year earlier, which the company attributed to a lower carryover crop and the impact of a late 2026 harvest due to wet weather.
Select Harvests is launching an on-market share repurchase program for up to 10% of its issued capital over a 12-month period.
Additionally, the company declared a fully franked interim dividend of AU$0.035 per share, payable July 15 to shareholders of record as of June 18.
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