The chief executive of the Alliance Group, the world’s largest sheep meat exporter, comments on the co-operative’s announcement yesterday of a loss before tax of $97.9 million for the year ending September 30, 2023 (FY2022 profit of $116.3m) on a turnover of $2.0 billion (FY2022 $2.2b). We also talk about a flawed procurement model and tough terms of trade for paying suppliers.
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