LIC's revenue up 8% in the first half

(Image: Supplied)

Thu, 23 Jan 2025

New Zealand Exchange-listed Livestock Improvement Corporation has lifted its revenue by 8% to $185.1 million in the first half of its financial year.Its net profit after tax for the six months to Nov 30 was up close to 35% to $39.1m.Underlying earnings over the period were up 17% at $33.7m.Livestock Improvement Corporation (LIC) told the market on Thursday that this could be attributed to improved economic conditions and farmers choosing to invest in LIC’s products and services such as fresh sexed semen, GeneMark Genomics and an...

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