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Farmland Industries. (Industry News).


Farmland Industries, Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo., announces that operating earnings Operating Earnings

Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue.

Notes:
Tax and interest expenses are not subtracted - operating earnings are synonymous with EBIT (earnings before
 before reorganization expenses for the first quarter of fiscal 2003 increased from $3.2 million to $16.5 million. Sales decreased slightly to $1.7 billion from $1.8 billion in the previous year. Farmland's pork pork, flesh of swine prepared as food, one of the principal commodities of the meatpacking industry. Pork has long been a staple food in most of the world, although religious taboos have limited its use, especially among Jews and Muslims. , beef and crop production business also showed improved earnings. Since filing for reorganization, Farmland has reduced its borrowings by $70 million.
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Title Annotation:financial report, first quarter 2003
Publication:Agri Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 1, 2003
Words:66
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