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Hawke’s Bay
Livestock Improvement Company (LIC) has recorded a 6% rise in revenue while registering a 24% drop in profit, as the farmer-owned cooperative reinvests in research and development.
LIC’s revenue to the year to May 31 was $211 million, up from $199 million the year before, with net profit after tax
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Jamie Ball
Fri, 25 Jul 2014
Fri, 25 Jul 2014
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Genetics company trades off profit for R&D investment
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