secwatch.observer — SEC 8-K summary
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Issuer:     SOUTH DAKOTA SOYBEAN PROCESSORS LLC (SDSYA)
CIK:        0001163609
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0001163609-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SDSP posts record FY2021 net income $28M, EPS $0.92; announces new multi-seed plant in Mitchell, SD
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- Net income of $28.0M ($0.92 per capital unit) on revenues of $590.2M; gross profit $33.5M, operating profit $28.9M.
- Record year attributed to strong soybean oil demand from renewable diesel industry, driving margins to all-time high.
- Announced new multi-seed plant near Mitchell, SD, capable of processing soybeans and high-oil seeds (sunflowers), responding to renewable diesel demand.
- Capital units traded at avg $4.38 in Q4 2021 (range $4.26-$4.55), up from $3.45 avg in Q1 2021.
- CEO Tom Kersting expresses positive outlook for 2022, citing strong position and potential for continued growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163609/000116360922000006/0001163609-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163609/000116360922000006/a8-kxnewsletter2021x03x01.htm
  HTML page:      https://secwatch.observer/filing/0001163609-22-000006

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