PGG Wrightson Ltd chairman Sir John Anderson says the company is totally focussed on getting the business back to an even keel.
The listed rural services firm lost almost $31 million in the year to June compared to a profit of $23 million in the previous year.
Sir John told shareholders at the annual meeting in Hastings that he is confident the situation by June next year will be a lot different.
"We are just looking to be a well-oiled machine basically. Get things right. Do them properly," he said.
