Financial Committee: As the board representativeof finances, together with the CEO, we arepleased to present the financial reportfor the Wagyu Society of South Africa for the 2020–2021financial year, ending June 2021.
Executive summary: The overall financial position of the WSA is positive with a profit of R395 000and is supported by a steady R 908 000bank balance(growing in the money market account)at 30 June 2021. The dampenedmembership growth, sponsorships and semen and royalties, has however meant that mitigation steps have been put in place. As reported last year, the CEO now has a shared responsibility with Wagyu and the Livestock Registering Federation (LRF). Due to Covid 19, the board closedthe office and it then reopened this year.
https://wagyu.org.za/wp-content/uploads/2021/07/Consumers.jpg6051000ooweboohttps://wagyu.org.za/wp-content/uploads/2017/12/Wagyu_logo-1.pngooweboo2021-10-04 11:25:102021-10-18 11:43:23Wagyu SA in good financial shape; AGM Report (WSA AGM Financial report)