Sharechat Logo

Sanford Limited (NZX: SAN) Statement on Chinese Restrictions

Wednesday 10th February 2021

Text too small?

Sanford Limited wishes to advise that it’s Havelock mussel processing facility is one of two New Zealand food processing plants which were video audited recently by GACC, the Chinese authority responsible for Chinese customs. China has a concern about ensuring that no risks are posed by any goods from any country being imported into China. The authority raised a number of queries with Sanford following the audit and has placed a suspension on imports from that plant while these are resolved.

Sanford operates all our facilities to the highest standards of food safety. We have been adhering to New Zealand's Level 1 protocols for processing and had put in place further requirements for the Chinese market.

New Zealand’s Ministry for Primary Industries (MPI) is in conversation with Chinese authorities about the interpretation of the World Health Organisation’s COVID guidance.

Sanford does not anticipate a material impact on our operations or sales, from the current suspension of exports from our Havelock plant to China and we will continue to keep the market informed on any significant developments in this situation.

Please see the link below for details:

Sanford statement on Chinese restrictions

Source: Sanford Limited

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Good Spirits Hospitality Limited (NZX: GSH) Half Year Results to 31 Dec 2020
NZ Automotive Investments Limited (NZX: NZA) FY21 Earnings Guidance
T&G Global Limited (NZX: TGG) 2020 Full Year Results
Vista Group International Limited (NZX: VGL) Vista Group in the Box Seat for the Future of Movies
Private Land and Property Fund (NZX: PLP) Change in Harvest Estimates
Allied Farmers Limited (NZX: ALF) FY21 Half Year Report
New Zealand Rural Land Company Limited (NZX: NZL) Interim Report to 31 December 2020
Seeka Limited (NZX: SEK) Announces its 31 December 2020 Result
Evolve Education Group Limited (NZX: EVO) Announces Results for Year Ended 31 December 2020
Port of Tauranga Limited (NZX: POT) Reports Improved Profits

IRG See IRG research reports