date:Mar 04, 2014
Warrnambool Cheese and Butter (WCB) has announced a half year net statutory operating profit after tax of $31.3 million, an increase of $16 million or 104.7 per cent compared with the same period last year.
Included in the statutory profit were material items totalling $5.2 million after tax. The material items after tax included $2.1 million of takeover defence costs associated with takeover bids received by WCB during the six months to 31 December 2013 and $3.1 million associated with a chang