Reports 10.3% turnover increase, 35.7% boost in net profit for 2022.

Executives say unit may be dragged down by merchandising business in 2023.

Expects more sales growth, margin expansion in 2023.

Grain freight aids fourth quarter, annual earnings improvement.

Full-year earnings climb 60% in fiscal 2022.

Earnings in line with previous several quarters.

Reported quarterly net income of $782.6 million.

Ongoing conflict in Ukraine also a factor in first quarter.

Sales increase significantly across all segments.