St. Paul-CHS Inc. reported record net income of $750.3 million on revenues of $17.2 billion for the year ending Aug. 31, 2007, versus the prior year’s $490.3 million and $14.4 billion, respectively. Fourth-quarter earnings were $294 million on revenues of $5 billion, versus the year-ago $159.3 million and $4 billion, respectively. In 2008, CHS expects a record cash return to its patrons. In 2007 it returned $253 million in the form of cash patronage, equity redemptions, preferred stock, and dividends. For the year, CHS reported strong performance from all operating units, with refined fuels leading the way. Ag business earnings were up for the year at $118.3 million from the year-ago $91.7 million, though they were off for the quarter at $10.3 million from $24.5 million.
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