Zespri Expands RubyRed™ Kiwifruit to 16 Markets as Volumes Surge
More than five million trays, or 18,000 tonnes, of Zespri’s RubyRed Kiwifruit will soon be available for consumers across 16 markets this season.
According to the kiwifruit marketer, the $10 million increase payments to employees - in a year when the kiwifruit marketer’s net profit fell by nearly 34% - is due to the company ‘keeping on top of its game’.
The kiwifruit exporter’s annual report for 2023 shows employee remuneration and benefits rose nearly 7% from $140.6m to $150.3m, while net profit after taxation fell to $238.7m from $361.5m in FY22.
Net profit before tax was $331.2m in FY23 compared to $505.1m the previous financial year.
It looks like chief executive Dan Mathieson got a pay rise.
The report shows the top earner in the company had a total remuneration and benefits range of $1.990m-$1.999m compared to $1.880m-$1.889m in FY22. All right for some!
