by Luci | Nov 17, 2023 | Default
Rural retailer Farmlands made a net loss after tax of $700,000 for the year…. on the back of a turnover of $2.54 billion and revenue of $808 million. Chief executive Tanya Houghton says despite the tough year, the rural supplies co-op’s focus remains on backing its...
by Luci | Nov 16, 2023 | Default
Westpac bank has set a target for cutting the emissions of the farms it lends to. By 2030, farms it has lent money to will need to have 9 per cent lower emissions per kilogram of meat for sheep and beef, and 10 per cent lower per kilo of milk for dairy. That is off a...
by Luci | Nov 16, 2023 | Default
Alliance Group has announced a “disappointing” loss which came hot on the heels of a record $73.6m after tax net profit in 2022. Its total revenue slipped from $2.2 billion to $2b for the same period. But despite posting the after-tax loss of more than $70 million...
by Luci | Nov 16, 2023 | Default
Mark Polson is a sheep and beef farmer in Whanganui and has just been appointed an associate director on the board of Beef + Lamb NZ. The associate director role is for a one-year term and aims to give aspiring leaders in the ag sector the chance to observe and...
by Luci | Nov 15, 2023 | Default
Seafood giant Sanford has recorded its best revenue result in five years, while its bottom line profit fell due to the previous year’s one-off gain. Net profit after tax for the year ended September was $10 million compared to last year’s $55.8m –...
