Landcorp’s net operating profit of $27 million for 2011/12 was down on the previous year, but was still seen as a solid performance. The SOE will pay a $20 million dividend to its shareholder, the NZ Government, in spite of a softening in global commodity prices compared with 2010/11. (more…)
Posts Tagged ‘sheep and lambs’
Landcorp a profitable publicly owned asset
November 28, 2012Sheep and beef under threat from too much grass
February 7, 2012This season’s excessive grass growth throughout the country except for Otago and Southland has generally been a cause for celebration among sheep and beef farmers, happy not to have to worry about drought and ecstatic about livestock prices. (more…)