Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
Co-operative meat processor the Alliance Group will be returning profit back to its farmer shareholders this year.
Meat processor Alliance says its operating profit dropped 60% because of higher payment to farmer shareholders.
Alliance Group has warned that its annual result, due to be reported in November, will show a drop in profit.
Meat processor Alliance Group is rewarding committed shareholders with $5.9 million in loyalty payments.
Meat co-op Alliance Group has doubled its operating profit to $20.2 million for the year to September 30, 2017.
Farmer shareholder-owned meat company the Alliance Group has announced a bonus share issue following its positive report card.
Meat cooperative Alliance is urging farmers to attend one of its 20 road-show events across the country in October.
Meat processor Alliance has distributed $4.5 million to its farmer-shareholders as part of an initiative to reward loyalty.
Meat processor Alliance is investing $3.4 million in new processing technology as part of a wider programme to improve health and safety.
OPINION: The new government has clearly signalled big cuts across the public service.
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