Scales Corporation has reported a significant increase in its full-year profit for the 12 months to Dec 31, 2024.
Net profit attributable to shareholders was $30.7 million, compared to $5.2m in the previous year.
Underlying net profit, which excludes one-off items, reached $34.3m, also higher than the $19m reported in the previous year.
The company's revenue increased by 3% to $584.6m.
Scales Corporation's strong financial performance was driven by its Global Proteins division, which achieved solid results, and the Logistics division, which generated a record result.
The Horticulture division's performance returned to more normal levels.
Scales Corporation's board has confirmed the guidance for the 2025 financial year, with underlying net profit after tax attributable to shareholders expected to be between $35m and $40m.
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