Full Year Result 2022-23

FLLYR

Thu, Jul 20 2023 08:30 am

Full Year Result 2022-23

Livestock Improvement Corporation (NZX: LIC) is pleased to present its full year result for the year ended 31 May 2023.

Summary of financials
• Net Profit After Tax (NPAT): $27.4 million, up 2.4% from $26.7 million last year
• Total revenue from continuing operations (excl automation): $276.5 million, up 5.1% from $263.2 million last year
• Underlying Earnings: $23.7 million, down 7.6% from $25.7 million last year
• Strong balance sheet with no debt at year end: Total assets $382.3 million, 0.9% decrease from $385.6 million last year
• Dividend: $23.3 million – 16.38 cents per share

Please view downloads for more information.

Contact:
Shareholder enquiries: [email protected] or phone 0800 542 742
Media enquiries: Amy Wickliffe, Senior Communications Advisor: [email protected] 027 225 0298