Seeka first-half profit climbs 56% on improving Australian operations, wary on full year

Seeka first-half profit climbs 56% on improving Australian operations, wary on full year
Paul McBeth
By Paul McBeth Aug. 25 (BusinessDesk) - Seeka lifted first-half profit 56 percent as the biggest kiwifruit grower in Australasia enjoyed wider margins across the Tasman, but it still expects a smaller crop will see a decline in annual earnings.  Net profit climbed to $11.1 million, or 64 cents per share, in the six months ended June 30, from $7.1 million, or 43 cents, a year earlier, the Te Puke-based company said in a statement. That was despite largely flat revenue of $134 million, and bolstered by gains from the company's Australian fr...