18 Feb 2013

Strong half year result for LIC

1:20 pm on 18 February 2013

LIC livestock genetics and breeding co-operative has announced a strong half year result.

In the six months to November 2012, LIC had revenue of $130 million due to increasing demand from farmers for herd testing, DNA parentage testing services and farm software.

This was up from $120 million for the same period a year ago.