Big Australian cattle company reports healthy profit
02/11/2011
Kidman runs 18 livestock farms covering a total of 110,000 square-kilometres in three Australian states, plus a feedlot in the Barossa Valley. It has a herd size of 200,000 head of cattle. The company said it had experienced excellent seasonal conditions across the 18 properties, helping it to overcome the effects of a high value of the Australian dollar.
It pointed out that some of the profit had come from the sale of land.
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