Open Country records another lift in profits

Wed, 03 Feb 2021

Open Country Dairy has reported another healthy increase in profit saying it weathered the uncertainties of covid-19, but is still cautious about the future.The company said revenue for the year ended Sept. 30 2020 was $1.6 billion, up from $1.4 billion the previous year. Net profit after tax was $67.6 million up from $31.4 million previously.Chief executive officer Steven Koekemoer and chair Laurie Margrain said in its annual report it was a “satisfactory year for Open Country with after tax earnings up again on the previous year followi...

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