Scales lifts first-half profit 3% on record Mr Apple crop, raises annual outlook

Scales lifts first-half profit 3% on record Mr Apple crop, raises annual outlook
Paul McBeth
By Paul McBeth Aug. 25 (BusinessDesk) - Scales Corp lifted first-half profit 3 percent and raised guidance for annual earnings as its Mr Apple unit delivered a record crop and met its 2020 export volume target four years early.  Net profit rose to $33.8 million, or 24 cents per share, in the six months ended June 30 from $32.8 million, or 23.5 cents, a year earlier, the Christchurch-based company said in a statement. Revenue jumped 30 percent to $209.5 million, while earnings before interest, tax, depreciation and amortisation increased 3...