BDO has entered agreements to sell assets, but doesn’t expect the bank to recoup the full amount owing to it.
New Zealand honey insiders have differing opinions on the extent of honey dumping, but MPI says it is not aware of any issues regarding mānuka honey exported to China.
Slumping China sales and restructuring costs drive second year of red ink for meat co-op, but management see green shoots.
Growers told payout will be 66 cents a tube this season, nearly a third of initial forecasts.
Company blames ‘recent headwinds’ as growers’ returns could tumble to 67% below initial guidance.
Co-op reports significant buyer interest as milk price forecast raised.
Public-private joint venture AgriZeroNZ reported its first full set of financial results, with a loss of $7.85 million.
Northington Partners analysis endorses $3b+ value for co-op’s potential divestment.
China Resources says a change in strategic direction is the reason for the sale.
A new report shows the apple and pear industry contributed almost $2b of total revenue impact to the economy in the past 12 months.