Tatua Cooperative lifts full-year operating revenue by 16%

Tatua Cooperative lifts full-year operating revenue by 16%
Rebecca Howard
By Rebecca Howard Sept. 28 (BusinessDesk) -  Tatua Cooperative Dairy Co, the Tatuanui-based dairy company, reported a 16 percent lift in full-year operating revenue as global milk prices improve. The company's board said its group operating revenue was $335 million while earnings were $114 million in the year to July 31. This equates to group earnings of $7.60 per kilogram of milk solids, before retentions and taxation. Tatua generated group revenue of $289.3 million in the prior year, according to its annual report. Earnings before pa...