GROWCOM has declared an operational profit of $25,108 for 2012.
This is down from $29,001 in 2011.
The peak horticulture body made the announcement at yesterday afternoon's annual general meeting in Brisbane.
Chairman John Bishop said the result marked the third year of positive operational results for the company.
"Growcom continues to demonstrate its ongoing financial viability with continued support for its services from horticulture growers,'' Mr Bishop said.
"It is the income from these services which enables us to continue to play an important advocacy role for Queensland horticulture industry as a whole.''
Chief executive Alex Livingstone said Growcom continued delivery of the major projects of Reef Rescue and Rural Water Use Efficiency through its Land and Water team.
"These projects have led to a number of innovative solutions by growers to the increasing demands to reduce water consumption and runoff from farms,'' Mr Livingstone said.
"Many of the projects produce positive economic benefits on-farm from a very early stage and provide measurable improvements to the natural environment.”
The advocacy and policy team undertook a number of projects related to the impact of the carbon price on horticultural growers and a detailed analysis of any opportunities available under the proposed Carbon Farming Initiative.
Mr Livingstone said the company continued to administer the Minor Use Permits project on behalf of Horticulture Australia Limited (HAL), funded by the Vegetable Industry Advisory Committee.
"The project ensures that industry will continue to have access to the necessary chemistry for crop protection under the Minor Use guidelines,'' he said.
"In addition, Growcom has invested significantly in the purchase and marketing of Infopest.
"Infopest is the only complete commercial register of agricultural chemicals available for use in Australia, including the necessary data for application rates, withholding periods and other label information.”
He said with changes to Work Health safety legislation Growcom continued to provide forklift training.
Training would also be provided in irrigation management, first aid, leadership and the changes under the new WHS legislation.
"The company also continued to deliver the much valued industrial relations advice to growers and the Freshcare on-farm accreditation program,'' Mr Livingstone said.
He said another highlight of the year was the Women in Horticulture project which showcased the achievements of women in the industry.











