Sharechat Logo

LIC - Full Year Result 2022-23

Thursday 20th July 2023

Text too small?

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: shareregistry@lic.co.nz or phone 0800 542 742

Media enquiries: Amy Wickliffe, Senior Communications Advisor: amy.wickliffe@lic.co.nz 027 225 0298



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

FBU - WA Plumbing Australia - Response to BGC Claims
June 14th Morning Report
ENS - Enprise appoints Aaron Ridgway as a Non-Executive Director
AIR - Departure of Chief Corporate Affairs Officer
SKC - UPDATE ON INDEPENDENT REVIEW OF SKYCITY ADELAIDE
NEW ZEALAND OIL & GAS BUYS MORE OF THE MEREENIE GAS FIELD
June 12th Morning Report
MCY - Hawksworth to retire; Hamilton appointed Chief Executive
Seeka Completes New Zealand 2024 Kiwifruit Harvest
BAI - Being AI co-investment to form AI startup, Tymestack