Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
Skellerup reports record net profit powered by industrial division
By Rebecca Howard Aug. 23 (BusinessDesk) - Rubber goods maker Skellerup Holdings reported a record full-year net profit as its industrial division once again saw strong revenue growth. The Auckland-based company said net profit for the year ended June 30 was $29.1 million,...
Primary Sector
A2 Milk says rising environmental costs not a 'big risk'
By Rebecca Howard Aug. 22 (BusinessDesk) - A2 Milk says the cost of meeting more stringent water, animal welfare and emissions standards is not a "big risk" to the company and it will work with partners to help the industry meet the new requirements. Chief executive Jayne H...
Primary Sector
UPDATE: A2 Milk shares fall 15% despite solid result
(Recasts lead to include share price reaction, updates to add broker comment, detail throughout.) By Rebecca Howard Aug. 21 (BusinessDesk) - A2 Milk shares fell 15 percent despite another strong lift in annual revenue and net profit as a massive marketing push helped it mak...
Primary Sector
FIRST CUT: A2 Milk reports another hefty lift in revenue, net profit
By Rebecca Howard Aug. 21 (BusinessDesk) - A2 Milk reported another strong lift in annual revenue and net profit as a massive marketing push helped it make further inroads in its core China and the US markets. Net profit in the year ended June 30 rose 47 percent to $287.7 m...
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Riley Kennedy
Journalist
Riley won the Dairy NZ Industry Award at the NZ Guild of Agricultural Journalists and Communicators Awards in 2024. He was the New Zealand Shareholders Association emerging journalist of the year in 2022. His journalism experience includes more than a year as a business specialist at the Otago Daily Times. He has a diploma in journalism from Wintec.
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