The financial year 2016/17 has been a successful and busy year for the Authority with trade (16.86 million tonnes), profit before tax ($14.27M) and dividend achieving above budget performance.
Trade was boosted by the exceptional 2016/17 grain harvest however, poor seasonal conditions in the Northern Zone means this will not be repeated in 2017/18.
Lower grain production will impact the trading results for 2017/18. To meet this challenge the Board and management have advanced business development opportunities to expand the business base.
John Elkington
Chairman
View 2016/17 Annual Report