Watch: Ravensdown lifts profit, pays $42/tonne rebate

The once-debt laden fertiliser co-operative, Ravensdown, said it had raised its pre-tax profit and was able to pay its farmer-shareholders a rebate of $41 a tonne on purchased products. Ravensdown has announced a profit before tax and rebate figure of $62 million for continuing businesses in the year ending May 2016, up from $46 million a year earlier.

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