Climate change has become a critical focus for Māori agribusiness Ātihau-Whanganuiorporation. It has set a target to reduce greenhouse gas emissions by 10 percent before 2028. The collective of more.
Ātihau Whanganui Incorporation increases its dividend
15 Dec, 2020 04:00 PM
4 minutes to read
The incorporation farms 34,800ha, mainly in the Ruapehu District. Photo / Gareth Gardner
Laurel Stowell is a reporter for the Whanganui Chroniclelaurel.stowell@whanganuichronicle.co.nzWhangaChron
The region s largest farming entity has an increased operating surplus despite a year disrupted by Covid-19 and a long autumn drought. The Ātihau Whanganui Incorporation had its annual general meeting at Whanganui s racecourse on December 10. Its shareholders had a chance to vote on an increased dividend of 80 cents a share.
The incorporation farms 34,800ha in the Whanganui and Ruapehu districts, and has more than 9000 shareholders. Total revenue in the last financial year was $27.2 million, with a $7.4 million surplus.