净收入比上一财年增长31%
全球谷物和油籽需求强劲推动业绩增长
公司自2014财年以来的最高收入
推荐几个靠谱的买球网站 Inc.是美国领先的农业综合企业合作社，今天报告净利润为554美元.在截至8月6日的财年中，该公司的利润为2亿美元. 31, 2021年，反映31%或131美元的增长.与2020财年相比减少了500万美元.
2021财年的主要财务驱动因素包括:
- Consolidated revenues of $38.2021财年为40亿美元，而2021财年为28亿美元.2020财年预算为40亿美元，同比增长35%.
- Significantly improved earnings across our Ag segment compared to the prior year driven by strong global demand for grains and oilseeds which drove commodity prices higher and a full year of improved trade relations between the United States and foreign trade partners.
- 投资股本收益, 尤其是CF氮气和文图拉食品公司, 在2021财年是一个重要的收入来源吗.
- While improved refining margins in our refined fuels business resulted in increased margins as demand shocks from the COVID-19 pandemic began to subside, the resulting margin improvements were more than offset by exceptionally high costs for renewable energy credits and less favorable pricing on heavy Canadian crude oil processed by our refineries, resulting in lower earnings.
“Our employees once again demonstrated their commitment to delivering products and services to our owners and customers around the world, 推动2021财年收益较上年大幅增长,” said Jay Debertin, president and CEO of 推荐几个靠谱的买球网站 Inc. "For the year, 粮食和油籽的总体需求带动了农业的增长, 以及作物营养和作物保护产品和服务. 基于2021财年的收益, the company will return an estimated $50 million in cash patronage and $100 million in equity redemptions to member cooperatives and individual owners in fiscal year 2022."
Debertin added, “Our investments in innovation are helping drive our financial strength and leading to efficiency gains throughout our expansive network. At the same time, we are enhancing the experience of our farmer-owners and customers who rely on 推荐几个靠谱的买球网站 to help them meet the growing global demand for agriculture products, 开启新的增长机遇.”
2021财年业务部门业绩
2021财年分部业绩如下:
Energy
Pretax loss of $10.6 million represents a $235.比上年减少900万，反映:
- While refining margins improved over the course of the year in our refined fuels business as demand shocks from the COVID-19 pandemic began to subside, the resulting margin improvements were negatively impacted by exceptionally high costs for renewable energy credits and less favorable pricing on heavy Canadian crude oil processed by our refineries, resulting in lower earnings.
Ag
Pretax earnings of $298.1 million represent a $244.比上年增加400万，并反映:
- 适宜秋收春播季节的气候条件, a full year of improved trade relations between the United States and foreign trade partners and favorable market conditions for our processing business during fiscal year 2021 compared to the prior year contributed to increased volumes and margins across most of our Ag segment.
- Improved earnings across most of our Ag segment were partially offset by lower grain and oilseed margins, 包括按市值计价的损失的影响，这些损失预计会随着时间的推移而逆转.
Nitrogen Production
Pretax earnings of $121.0 million represent a $69.比上年增加200万，并反映:
- Higher sale prices of urea and urea ammonium nitrate contributed to the significant earnings increase, 这部分被增加的天然气成本所抵消.
Foods
Pretax earnings of $67.9 million represent a $43.与去年相比增加了700万美元，并反映:
- 有利的食用油市场条件和文图拉食品公司销量的提高, 与2020财年COVID-19大流行的早期阶段相比, drove earnings higher.
Corporate and Other
Pretax earnings of $38.9 million represent a $7.与去年相比增加了100万美元，并反映:
- Earnings increased primarily due to higher income from our equity method investment in Ardent Mills, 由于强劲的销量和2021财年大宗商品利润率的提高.
推荐几个靠谱的买球网站 Inc. (www.chsinc.Com)是一家由农民拥有的全球领先的农业综合企业, 美国各地的农场主和合作社. Diversified in energy, agronomy, grains and foods, 推荐几个靠谱的买球网站致力于建立联系，增强农业的能力, helping its farmer-owners, customers and other stakeholders grow their businesses through its domestic and global operations. 推荐几个靠谱的买球网站 supplies energy, crop nutrients, seed, crop protection products, grain marketing services, 生产和农业服务业, animal nutrition products, foods and food ingredients, and risk management services. 该公司经营炼油厂和管道和制造, markets and distributes Cenex® 品牌精炼燃料、润滑油、丙烷和可再生买球比较靠谱的网站产品.
本文件和其他推荐几个靠谱的买球网站 Inc .. 可公开获取的文件包括, 及卫生服务中心官员及代表可不时作出, “前瞻性陈述”是指美国法律规定的安全港条款.S. 1995年私人证券诉讼改革法案. 前瞻性陈述可以通过“预期”等词来识别," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should,“将”和类似的对未来时期的引用. 前瞻性陈述既不是历史事实，也不是对未来业绩的保证. Instead, 它们只是基于推荐几个靠谱的买球网站当前的信念, 对其业务未来的期望和假设, 财务状况和经营成果, future plans and strategies, projections, anticipated events and trends, 经济和其他未来状况. 因为前瞻性陈述与未来有关, 它们受制于固有的不确定性, risks and changes in circumstances that are difficult to predict and many of which are outside of 推荐几个靠谱的买球网站 control. 推荐几个靠谱的买球网站 actual results and financial condition may differ materially from those indicated in the forward-looking statements. 因此，您不应过分依赖这些前瞻性陈述. Important factors that could cause 推荐几个靠谱的买球网站 actual results and financial condition to differ materially from those indicated in the forward-looking statements are discussed or identified in 推荐几个靠谱的买球网站 filings made with the U.S. 美国证券交易委员会, including in the "Risk Factors" discussion in Item 1A of 推荐几个靠谱的买球网站 Annual Report on Form 10-K for the fiscal year ended August 31, 2021. These factors may include: changes in commodity prices; the impact of government policies, mandates, regulations and trade agreements; global and regional political, economic, legal and other risks of doing business globally; the impact of the ongoing COVID-19 outbreak or other similar outbreaks; the impact of market acceptance of alternatives to refined petroleum products; consolidation among our suppliers and customers; nonperformance by contractual counterparties; changes in federal income tax laws or our tax status; the impact of compliance or noncompliance with applicable laws and regulations; the impact of any governmental investigations; the impact of environmental liabilities and litigation; actual or perceived quality, safety or health risks associated with our products; the impact of seasonality; the effectiveness of our risk management strategies; business interruptions and casualty losses; the impact of workforce factors; our funding needs and financing sources; financial institutions’ and other capital sources’ policies concerning energy-related businesses; uncertainty regarding the transition away from LIBOR and the replacement of LIBOR with an alternative reference rate; technological improvements that decrease the demand for our agronomy and energy products; our ability to complete, 整合并从收购中获益, strategic alliances, joint ventures, divestitures and other nonordinary course-of-business events; security breaches or other disruptions to our information technology systems or assets; the impact of our environmental, social and governance practices; the impairment of long-lived assets; and other factors affecting our businesses generally. Any forward-looking statements made by 推荐几个靠谱的买球网站 in this document are based only on information currently available to 推荐几个靠谱的买球网站 and speak only as of the date on which the statement is made. 推荐几个靠谱的买球网站没有义务更新任何前瞻性声明, whether written or oral, 这可能会不时发生, 是否是新信息的结果, 未来发展或其他情况，除非适用法律要求.
