RESEND Turners and Growers almost triples 1H profit, says annual earnings profit will beat 2012

Thu, 08 Aug 2013

(Fixes net profit numbers in 2nd graph to being attributable to equity holders) Aug. 8 (BusinessDesk) - Turners & Growers, the fruit marketer controlled by Germany’s BayWa, almost tripled first-half profit as its export business reaped bigger sales from North America. Net profit gained to $16.6 million, or 14.2 cents per share, in the six months ended June 30, from $5.6 million, or 4.7 cents, a year earlier, the Auckland-based company said in a statement. Sales rose 9.4 percent to $369 million, led by a 15 percent gain in export sales to $21...

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