NZ's Livestock Improvement Corporation hits over 3-month peak on higher HY profit
23/01/2025 04:04
** Shares of Livestock Improvement Corporation LIC.NZ rise
5.3% to NZ$1.00, peak since Oct. 18
** The Kiwi agricultural technology co-operative has
reported higher interim Net Profit After Tax (NPAT) of NZ$39.1
million ($22.14 million), 34.8% higher than the NPAT from the
same period last year
** Co-operative expects FY underlying earnings to be in the
range of NZ$18-22 million, higher than the NZ$16-22 million
announced in July 2024
** Stock rose 9.8% in 2024
($1 = 1.7658 New Zealand dollars)
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
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