Red, green and gold pay dividends for Zespri

Brent Melville
Fri, 28 May 2021

Money, however you slice it
Money, however you slice it
Brent Melville
Fri, 28 May 2021
Global kiwifruit marketer Zespri flew through the embattled 2021 growing season on the strength of strong international demand, rewarding its 4,300 growers with record per tray returns.Revenue on expanded sales of SunGold kiwifruit, positive returns from green fruit and a strong showing from a new varietal, Zespri red, boosted net profit after tax by 30.9% to $290.5 million, from $200.8m last year. Overall operating revenue jumped to $3.89 billion, from $3.36b, on the back of a 10% increase in global sales volumes to 181.5m trays. The...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
NZ sharemarket rebounds with Wall Street rally
Dan Brunskill | Mon, 27 Jun 2022

US markets rallied on Friday night as traders began thinking an economic slowdown would stop the US Federal Reserve from hiking interest rates.

Political donations over $5k to require declaration
Staff reporters | Mon, 27 Jun 2022

The changes require disclosure of donor identities for any party donations over $5,000 versus the current $15,000. 

Law & Regulation
Public class action fund needed: Law Com
Victoria Young | Mon, 27 Jun 2022

The Law Commission has finalised its report into class actions and litigation funding.

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.