NZ-Australia kiwifruit firm Seeka projects a net profit before tax of $15m-$19m for 2024, improving from a $21m loss in 2023.
NZ-Australia kiwifruit firm Seeka projects a net profit before tax of $15m-$19m for its 2024 financial year, a significant improvement from a $21m loss in the previous year. The company credits the turnaround to increased fruit volumes and improved earnings across all businesses. Seeka is focusing on operational earnings growth and debt reduction, aiming to return to long-term banking covenants in 2024.
June 19, 2024
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