| Business Summary | | Fletcher
Challenge
Forests
uses
customer
focused
forest
management,
wood
manufacturing
and
distribution
systems
to
supply
logs,
lumber
and
solidwood
manufactured
products
into
markets
in
New
Zealand,
Australia,
USA,
Japan
and
Asia.
The
Company
owns
and
manages
almost
300,000
hectares
of
plantation
forests
(tree
farms)
in
New
Zealand
and
Argentina. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Fletcher
Challenge
Forests
is
engaged
in
the
forest
management
business
and
the
running
of
processing
plants
in
New
Zealand.
For
the
fiscal
year
ended
6/30/00,
total
revenues
increased
14%
to
NZ$623
million.
Net
income
accord.
to
U.S.
GAAP
increased
60%
to
NZ$88
million.
Revenues
reflect
a
strong
housing
markets,
expansion
of
the
customer
base
and
higher
average
price
realizations.
Net
income
also
reflects
NZ$93
million
in
previously
unrecognized
income
tax
benefits. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Roderick Deane, 59 | Chairman | Michael John Andrews, 61 | CEO
of Fletcher Challenge, Director | S. Moriarty | Member
of the Exec. Office | J. McDonald | Treasurer
and Group Commercial Director | M. Taylor | Controller |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|