CHS earnings fall sharply year over year

Company attributes decline to economic down-cycles in agriculture and energy sectors.

CHS recently reported net income of $235.5 million for the financial period from Sept.1, 2015, through Feb. 29, 2016, reflecting a 50% decline from net income of $471.5 million for the first six months of fiscal 2015. The lower earnings were attributed to the economic down-cycles in the agriculture and energy sectors, which have resulted in reduced commodity prices and lower margins globally. CHS said all of these factors combined have significantly reduced its profitability.


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