Full Year Result 2022-23

Full Year Result 2022-23 Livestock Improvement Corporation (NZX: LIC) is pleased to present its full year result for the year ended 31 May 2023. Summary of financials o Net Profit After Tax (NPAT): $27.4 million, up 2.4% from $26.7 million last year o Total revenue from continuing operations (excl automation): $276.5 million, up 5.1% from $263.2 million last year o Underlying Earnings: $23.7 million, down 7.6% from $25.7 million last year o Strong balance sheet with no debt at year end: Total assets $382.3 million, 0.9% decrease from $385.6 million last year o Dividend: $23.3 million - 16.38 cents per share Please view downloads for more information. Contact: Shareholder enquiries: shareregistry@lic.co.nz or phone 0800 542 742 Media enquiries: Amy Wickliffe, Senior Communications Advisor: amy.wickliffe@lic.co.nz 027 225 0298 End CA:00414952 For:LIC Type:FLLYR Time:2023-07-20 08:30:08