Council ventures rated 'high risk' as most are not trading
Redbridge Council’s business ventures’ “high risk” rating reflects the fact that the majority are not yet trading, according to the borough’s finance director.
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Redbridge Council’s business ventures’ “high risk” rating reflects the fact that the majority are not yet trading, according to the borough’s finance director.
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· $33.4 million net profit after tax (NPAT), up 10.4% from $30.3 million. · $60.0 million earnings before interest, tax, depreciation and amortisation (EBITDA), up 2.7%. · $46.4 million earnings before interest and tax (EBIT), up 7.6%. · Underlying earnings (NPAT excl bull valuation change)* range is forecast to be $19-23 million for year-end, up from $16-22 million, compared to $22.7 million in 2019-20. Livestock Improvement Corporation (NZX: LIC) ( LIC) announces its half-year financial results for the six months to 30 November 2020, which show continued strength in the cooperative’s ...