Back to today’s briefing

Story perspectives

LIC Reports $30.6M Profit, Plans Major Investments Ahead

7/19/2025

27 4

Summary

Story summary

The Livestock Improvement Corporation (LIC) has announced a remarkable net profit of $30.6 million for the 2024-2025 financial year, a significant leap from last year's $7.7 million. With total revenue climbing 10% to $295.1 million, LIC is set to invest in customer systems and research, projecting underlying earnings of $18 million to $22 million for 2025-2026.

1 of 1

Story summary

The Livestock Improvement Corporation (LIC) has announced a remarkable net profit of $30.6 million for the 2024-2025 financial year, a significant leap from last year's $7.7 million. With total revenue climbing 10% to $295.1 million, LIC is set to invest in customer systems and research, projecting underlying earnings of $18 million to $22 million for 2025-2026.