Silver Fern Farms lifts profit by 82%

Silver Fern Farms lifts profit by 82%
Simon Limmer. (NZME)
Riley Kennedy
One of the country's largest meat companies, Silver Fern Farms, has lifted its net profit after tax by 82% in the past 12 months. The Dunedin-headquartered meat company released its full-year results to Dec 31 2022, reporting a net profit after tax of $189.3 million, up from $103.8m the year before.Silver Fern Farms Co-operative, which jointly owns Silver Fern Farms with Chinese-owned Shanghai Maling Aquarius, also increased its after-tax profit to $94.1m, up from $51.5m in 2021.Silver Fern Farms’s revenue was $3.27b, up from $2....

More Finance

JPMorgan is revamping Its bank for the superrich
Finance

JPMorgan is revamping Its bank for the superrich

There is a minimum required balance of US$10 million. 

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025