Why LIC is revisiting its strategy

David Chin has been chief executive since 2021. (Image: LIC)

Mon, 27 Jan 2025

Livestock Improvement Corporation’s board and management are set to run the rule over the co-operative’s strategy.It last refined the strategy in early 2021, just before David Chin took over as chief executive of the dairy genetics and agri-tech firm, and now it has signalled the co-op is going to have another look at it.ResultsLast week, LIC reported its half-year revenue had lifted by 8% to $185.1 million in the six months to Nov 30, with net profit after tax up close to 35% to $39.1m.Underlying earnings over the period...

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