Financial Tear Sheet

Corporate Profile - Our Financial Tear Sheet

SunRice is a global FMCG business and one of Australia’s leading branded food exporters.

SunRice was built by the Australian rice industry over many decades, and today is one of Australia’s leading branded food exporters.

With revenues in excess of $1 billion and operations and markets spanning the globe, we supply close to 50 countries with diverse and nutritious food products. Innovation is the key to our success and our brands represent superior quality around the world.

Our proud history dates back to the establishment of a single rice mill in the Riverina region of New South Wales in 1950. Our operations have expanded to include state-of-the-art processing, packing and value adding food plants, employing around 2,200 people across Australia, the Pacific, America, the Middle East, Asia and Papua New Guinea.

We boast over 30 brands and a broad portfolio of subsidiary businesses, including: CopRice – stockfeed and companion animal food; Riviana – antipasto and home entertaining sector; Trukai – the leading rice food company in PNG; SolRice – the leading rice food company in the Solomon Islands; and SunFoods – our US based business.

Shares On Issue
(Free Float)

60.77 million*

*As at June 2021

SunRice 5 Year Abbreviated Financials

Ricegrowers Limited, Consolidated Group

Five year summary of SunRice performance for year ending 30 April 2021

2018 2019 2020 2021 2022
Gross Revenue
($'000)
1 177 286 1 193 063 1 134 818 1 1026 219 1 334 393
Net profit before tax (NPBT)
($'000)
62 862 48 411 31 110 19 042 59 666
Total assets
($'000)
1 034 160 829 887 818 306 921 533 1 198 793
Total liabilities
($'000)
600 027 366 983 336 947 460 569 693,444
Shareholder funds
($'000)
434 133 462 904 481 359 460 964 505,349
Earnings per share
(Cents)
76 55 46 34.6 77.2
Dividends per share
(Cents)
33 33 33 33 40
Net tangible assets per share
($)
7.10 7.65 7.82 6.62 6.77
Price earnings ratio
(X)
7.0 11.9 11.2 19 8.9

Board Members

Name Position
Laurie Arthur Chairman, Moulamein Rice Grower - BAgSc GAICD
Rob Gordon Chief Executive Officer - BSc (Hons) CEng MAICD
John Bradford Mayrung Rice Grower - MAICD
Luisa Catanzaro Non-Grower Director - BComm FCA GAICD
Dr Andrew Crane Non-Grower Director - BSc (Hons) PhD FAICD
Ian Glasson Non-Grower Director - BEng (Hons) MIE Aust GAICD
Ian Mason Finley Rice Grower - MAICD
Jeremy Morton Moulamein Rice Grower - MAICD
Dr Leigh Vial Moulamein Rice Grower - BAgSci (Hons), MEc, PhD GAICD
Julian Zanatta Benerembah Rice Grower - MAICD

Management Members

Name Position
Rob Gordon Chief Executive Officer - BSc (Hons) CEng
Dimitri Courtelis Chief Financial Officer - BCompt (UNISA), CA (ICAA), CFE (ACFE)
Kate Cooper General Counsel and Company Secretary BA (Communications) LLB
Bel Tumbers Chief Executive Officer, Global Rice
Stephen Forde Chief Executive Officer, Riviana Foods Pty Ltd
Ganesh Kashyap  General Manager, CopRice - BE
Alan Preston        Chief Executive Officer, Trukai Industries Limited - 
Paul T Parker General Manager, People and Culture - MBA