ZB ZB
Opinion
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Alliance Group posts $95.8m net loss

Author
Newstalk ZB,
Publish Date
Wed, 20 Nov 2024, 4:19pm
Alliance Group chair Mark Wynne spoke to Jamie Mackay about recent farmer meetings regarding the red meat cooperative's capital-raising programme.
Alliance Group chair Mark Wynne spoke to Jamie Mackay about recent farmer meetings regarding the red meat cooperative's capital-raising programme.

Alliance Group posts $95.8m net loss

Author
Newstalk ZB,
Publish Date
Wed, 20 Nov 2024, 4:19pm

Meat processor Alliance Group is reporting a significant loss as it moves to close its Timaru meatworks.

It's reporting a net loss after tax of $95.8 million for the year to September.

That compares to a $70.1 million loss last year.

Chairman Mark Wynne joined The Country's Jamie Mackay to discuss.

LISTEN ABOVE

Take your Radio, Podcasts and Music with you