Seeka Limited has updated its financial guidance for the 2022 financial year, after a challenging kiwifruit season in New Zealand.

The market guidance range for the full year net profit before tax has been revised to between $6.5m and $9.0m, down from the previous range of $9.0m to $11.0m.

This reduction is due to the later shipping season, challenging fruit quality and expected reduced fruit earnings from the global market.

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