A surplus or profit that is 24% of your revenue is astonishing. Not just astonishing for a charity that is almost entirely taxpayer funded, but would be astonishing for a commercial company.
Of the top 100 companies in NZ, only seven have a higher profit as a share of revenue than the Waipareira Trust. So this taxpayer funded charity is making a higher profit than 93% of the top 100 companies in NZ.
The post A 24% return on revenue first appeared on Kiwiblog.
