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New Zealand’s Sanford sees profits eroded by supply chain costs

Net profit after tax decreased by 16% to NZD 16.2m in the 12 months to Sept. 30, despite sales revenue growing 4% to NZD 490m

By Undercurrent News | Nov. 18, 2021 10:08 GMT
Mussel harvesting in Marlborough. Credit: Sanford
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New Zealand’s largest seafood company Sanford saw supply chain cost rises drag on full-year profits despite signs of recovery from the COVID-19 pandemic in key markets [...]

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