Seeka says earnings exceed guidance

Seeka Kiwifruit Industries has reported a $12.7 million profit in the nine months to December 31, which exceeds guidance of between $11.5 million to $12.5 million.

This compares to a $7.54 million profit in the 12 months to March 21, 2010.

Earnings before interest, tax, depreciation and amortisation were $19.6 million in the nine month period. The company changed its balance date to December from March.

NZPA

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