Silver Fern Farms' Finegand plant. PHOTO: RICHARD DAVISONThe Silver Fern Farms Co-op board says it is determined to support moves to improve Silver Fern Farms Ltd's performance, as strong farm-gate sheep-meat prices affected earnings last year. Both Silver Fern Farms Ltd - which is jointly owned by Silver Fern Farms Co-operative and Shanghai Maling - and Silver Fern Farms Co-operative have released their financial results for the year to December 31. Silver Fern Farms Co-operative chairman Rob Hewett said Silver Fern Farms Ltd was undergoing a process of consolidation. The co-operative would receive a $874,000 dividend from its 50% shareholding in Silver Fern Farms Ltd.

Source: Otago Daily Times April 01, 2019 15:22 UTC