AACo statutory profit jumps $91m, despite selling less beef

Andrew Marshall
By Andrew Marshall
Updated May 23 2022 - 10:53pm, first published May 19 2022 - 12:10am
Bullish AACo profit jump as global dining scene rebounds

A global revival in restaurant dining and the growing popularity of Australian Agricultural Company beef brands in North America, South Korea and Europe have propelled the cattle giant's statutory profit to $137 million - up about 200 per cent.

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Andrew Marshall

Andrew Marshall

National agribusiness writer

Andrew Marshall is the group agribusiness writer for ACM's state agricultural weeklies and websites. He is a former editor at The Land and has worked in various Rural Press group roles in Canberra, North Richmond (NSW) and Toowoomba (Qld).

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