2022 Result released

On behalf of your Board of Directors, I have pleasure in reporting on the financial results for the year ended June 30, 2022. With our largest ever harvest of 5,633 tonnes together with an uplift in prices, the company achieved a record total harvest value of $12,713,988. The profit before tax was $4,037,775, with EBITDA at $7,985,757. This has been an exceptional result due to a combination of ideal weather conditions at critical times and much of our input costs being incurred before some hefty increases flowed through from suppliers in the new financial year. A fully imputed dividend of two cents per share has been declared, with a payment date of Dec 9, 2022. The Annual Report and Notice of Meeting is due to be sent to shareholders in the second week of October.

 Joe Ferraby (Chairman)

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