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Livestock Improvement lifts dividend as revenue hits record

Bottom-line profit falls on bull team revaluation.

Tim Hunter Fri, 24 Jul 2020

Cattle genetics specialist Livestock Improvement Corporation (LIC) has announced an increased dividend after reporting record revenue and a 42% lift in genetic reporting for A2 cows.

The co-operative will pay a dividend for the year to May of $18.1 million, up from $15.6m a year earlier.

The

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Tim Hunter Fri, 24 Jul 2020
Contact the Writer: thunter@nbr.co.nz
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Livestock Improvement lifts dividend as revenue hits record
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