Profit For Terang Co-Op - 95.3 Coast FM - Local / National News
TERANG CO-OP SETS RECORD TURNOVER AND PROFIT The Terang Co-operative Society has set a new record turnover of $31 million with a $1 million profit. The Co-op has also reinvested more than $1.2 million worth of capital back into the business as it looks to continue growth into the future. CEO Kevin Ford said the turnover was $6 million or 28 per cent higher than the previous financial year. “Achieving a total turnover exceeding $31 million would have been a dream not so long ago,” Mr Ford said. "The before tax $1,052,060 profit for the financial year ending on February 28 more than doubles...