Ruralco profits jump 30pc to $16m as water helps business outlook

By Andrew Marshall
Updated May 16 2018 - 6:18am, first published 6:00am
Water services contributed almost $35 million to Ruralco's gross profit, or 21 per cent.
Water services contributed almost $35 million to Ruralco's gross profit, or 21 per cent.

Ruralco’s expanding water business is on track to generate about a quarter of the farm services company’s gross profit this financial year as dry seasonal conditions bite harder across much of the farm sector.

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