M?ori Farming Businesses Report Almost Double Profit

  • Jun 29, 2020 NZST
  • Team Kalkine
M?ori Farming Businesses Report Almost Double Profit

As per Stats NZ, M?ori authority farming businesses' profits almost doubled in 2018 by reaching NZD 97 million.

The profits focused on farming was also one and half times the NZD 63 million surplus of 2014 when NZ witnessed record international dairy product prices.

Business statistics senior manager Peter Dolan said, NZ's dairy exports earnings increased in 2018 due to healthy milk production supported by global demand.

Over 200 or around one-sixth, of M?ori authorities, are in farming.

 


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