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Plastic clips from freezing works washing up on beaches
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Plastic clips from freezing works washing up on beaches
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Scales lifts 2020 profit, bad weather could weigh on 2021
25 Feb, 2021 08:45 PM
3 minutes to read
Apple exporter Scales has reported a slight gain in operating earnings for 2020. Photo / Hawke s Bay Today
Scales Corp eked out a slight gain in its operating earnings over the 2020 year but the agribusiness group said bad weather and shipping delays would weigh on the current year s performance.
The company s underlying ebidta for calendar 2020 came to $53.9 million, up from $52.7m in 2019, while its underlying net profit fell to $33.8m from $36.4m.
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Chairman Tim Goodacre said staff had displayed unity during a challenging and disruptive year .
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