ING.AX Inghams Group (ASX): Q1 profit fall drives A$2.11 pre-market, note the outlook
ING.AX stock opened pre-market at A$2.11 after Inghams reported a sharp Q1 profit decline and cut guidance. We saw volume spike to 16,845,316 shares as cost pressures from new performance contracts and supply chain expenses weighed on margins. Investors should focus on earnings detail, balance sheet stress, and the near-term price path in the ASX market.
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