Hugh Killen (CEO) and Don Magauchie (Chairman) seem to think their dismal financial performance is the best that can be possibly done and that they are doing the best that can be done in a ‘difficult industry’. Compare to Gina Rinehart’s efforts in the same industry / breeds - generating 17% profit this year.
”Australian Outback Beef Pty Ltd, the 100 per cent owner of S. Kidman & Co Pty Ltd, reported revenue of $67 million for the 2021 financial year.Its operations, including feedlotting and product branding, delivered a net profit after tax of $11.5 million.” - The Australian
Ann: FY22 Half Year Media Release, page-13
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