date:Jun 20, 2019
Kiwifruit marketer Zespri is forecasting annual profit growth of up to 7 percent. The firm, which markets kiwifruit on behalf of 2,500 New Zealand growers and another 1,200 in Italy, Japan, Korea and France, is expecting net profit of $182-$192 million in the current year, including licence release income.
That is up from the $179.8m net profit reported for the year ended March, which was a 77 percent increase from the year before as the firm shipped more fruit for better prices. Total trays so