Loss-making AACo relies on premium beef to offset difficult conditions
25/06/2014
The chairman of the Australian Agricultural Co (AACo), Australia’s largest beef producer, has spoken of the “difficult” conditions in 2013 as northern Australia experienced one of the worst droughts in decades. The drought contributed to the company posting a full-year statutory net loss after tax of $39.9 million in the year to March 31, a 20%...
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