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ANZCO Turns Loss into Profit

10 December 2013

NEW ZEALAND - New Zealand meat exporter ANZCO has turned a NZ$19.1 million loss last year into a profit of NZ$12.2 million this year.

The beef and lamb company had revenues of NZ$1.3 billion – a rise of NZ$70 million or six per cent this season compared to the 2011/2012 season.

The company is held by three shareholder groups including the Japanese food processing company Iotham Foods.

TheMeatSite News Desk

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