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AAP Eyes Growth After $1.96M Profit and Lease Shift in Olive Orchards

4:18am on Saturday 30th of August, 2025 AEST Agriculture
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AAP Eyes Growth After $1.96M Profit and Lease Shift in Olive Orchards

4:18am on Saturday 30th of August, 2025 AEST
Key Points
  • Profit after tax rose to $1.96 million, up from $1.25 million in 2024
  • 2025 olive oil harvest reached 752,600 litres despite frost damage
  • Leaseholders of Victorian Olive Oil Project declined 25-year extension
  • Company to farm former leased orchard area, acquiring irrigation interests
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