Scales Corporation has released its revised guidance for FY23 Underlying Net Profit after Tax Attributable to Shareholders of $14.0m to $19.0m, following an assessment of the impact of Cyclone Gabrielle and a review of trading forecasts.

The company has committed to a $250,000 donation to the recovery and estimates that the total tree losses across owned and leased orchards will be approximately 5%.

Horticulture and Logistics will be impacted by crop losses in the wider agriculture industry.

Global Proteins is progressing well and Scales Corporation is optimistic about the division’s prospects for 2024 and beyond.

See more