MG books $40.6m profit after horror dairy year

By Andrew Marshall
Updated August 24 2016 - 4:32pm, first published 4:27pm
The investment market responded positively to Murray Goulburn's profit news, with the company’s unit trust share price up modestly to $1.32 on Wednesday, but still well under April’s $2.14 price.
The investment market responded positively to Murray Goulburn's profit news, with the company’s unit trust share price up modestly to $1.32 on Wednesday, but still well under April’s $2.14 price.

The dairy co-operative at the centre of Australia’s big farmgate milk price collapse in April has reported a 62 per cent rise in after-tax net profit to $40.6 million.

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