Nuhaka Farm Forestry Fund, soon to be delisted and wound up, says it has produced a March year net profit after tax of $426,000, up from a loss of $3.08 million last year.
The forest owner said its operating revenue for the year to March was $12.14 million, up from $3.46 million last year, boosted by the sale of its forestry right to GMO Renewable Resources in November.
Nuhaka makes profit
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