CHS Q1 FY2024 net income $522.9M, down from $782.6M; revenue $11.4B

CHS INC

Energy segment pretax earnings $266.8M vs $396.6M prior year, on lower refining margins.
Ag segment pretax earnings $169.7M vs $287.3M, hit by weak U.S. export demand and mark-to-market timing.
Nitrogen Production pretax earnings $36.5M vs $96.9M, reflecting lower CF Nitrogen equity income.
Corporate & Other pretax earnings $43.8M, up $7.1M on higher interest income.
CEO Debertin cited diversified portfolio, supply chain investments, and domestic oilseed processing strength.

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