Posts Tagged ‘half year profit’

AFFCO strengthens balance sheet with good half year

June 27, 2009

For several years the ugly duckling of the meat industry, AFFCO has put together another solid performance for its latest half year, posting a 52.6% improvement on its previous half year profit before tax. This is on the back of a $93 million increase in revenue which, for a company known more for its beef business than lamb, is an impressive performance in a year when lamb price rises outstripped beef. (more…)