AACo widens H1 loss

Agricultural group widens first-half loss as domestic cattle prices slump.

The Australian Agricultural Company (AACo) has significantly widened its first-half loss as dry conditions, falling cattle prices and a ban on live exports continue to weigh, however the group remained optimistic its strategic overhaul announced earlier in the year was progressing to plan.

In the six months to September 30 2013, Australia's largest beef producer posted a net loss after tax of $31.6 million, compared to a $18.7 million loss in the previous corresponding period.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles