Ramsay: 'We were in survival mode'

ILT's after-tax profit for the year ending March 31, 2022 dropped by just over $2m, from $10m to $8m. But its CEO says the recovery has been positive.

Mar 23, 2023

∙ Paid

ILT CEO speaks at the organisations AGM held at the Kelvin Hotel in Invercargill on Thursday.

Invercargill Licensing Trust CEO Chris Ramsay says the organisation will go close to hitting the $8 million community funding mark again, after being in ‘survival mode’ during Covid-19.

The ILT Group held its AGM on Thursday which actually covered off its financial year ending March 31, 2022.

Ramsay said it was during that period when Covid-19 had the biggest impact on the ILT.

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