News
Allied Farmers writes off more of Hanover assets
Tuesday 1st of March 2011
That contributed to its $20.6 million net loss for the six months ended December 31, up from the $15.7 million net loss it reported for the same six months a year earlier.
The Hanover assets sold to Allied in late 2009 were then valued at a gross $396.2 million and Allied finance wrote off $20.2 million at June 30 last year.
"The group is still carrying $13.29 million of debt tran...
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