Debts return to dog Silver Fern Farms
The last time the meat processor’s debt was at these levels it sought extra capital from Shanghai Maling.
Silver Fern Farms runs 14 meat processing sites across the country.
Debt at meat processor Silver Fern Farms has exploded to its highest since 2013 after a second consecutive year of losses.
Financial statements filed to the Companies Office for the year to December 2024 show borrowings hit $317.5 million at balance date, up from $195.5m a year earlier.
The increase
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