Seeka hikes interim dividend as first-half profit almost doubles

Thu, 25 Aug 2016

By Paul McBeth Aug. 26 (BusinessDesk) - Seeka Kiwifruit Industries hiked its interim dividend to shareholders as the first harvest from its recent Australian acquisition and record crops contributed to a first-half profit that almost doubled. Net profit rose to $7.1 million, or 43 cents per share, in the six months ended June 30 from $3.7 million, or 24 cents, a year earlier, the Te Puke-based company said in a statement. Revenue climbed 39 percent to $134.2 million, and the board declared an interim dividend of 10 cents per share, payab...

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