date:Sep 26, 2013
Australias largest dairy co-operative, Murray Goulburn Co-Operative Co. Limited (Murray Goulburn) has announced a net profit after tax of $34.9 million for the financial year ended 30 June 2013, more than double its $14.5 million profit in 2012.
A final dividend of 8 per cent on ordinary shares has been declared, representing payments of $21 million. On average, this equates to nine cents per kilogram of milk solids, in addition the farm-gate milk price.
Murray Goulburn said it increased its m