Goodman Fielder posts first net profit since 2021

Goodman Fielder posts first net profit since 2021
Goodman Fielder's head office in central Auckland. (Image: BusinessDesk)
Riley Kennedy
Goodman Fielder is back in the black. The Singaporean-owned food manufacturing and marketing business posted a net profit of $12.4 million for the 12 months to Dec 31, compared to a loss of $6.5m in 2023.Still, its revenue slipped from $1.054 billion in the year prior to $1.040b in the 2024 year.Wilmar International, a Singaporean–listed agribusiness giant, took full control of Goodman Fielder in 2019 after buying out joint-venture partner First Pacific.Milking itGoodman Fielder manufactures and markets branded food products in...

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