Displaying items by tag: Seeka

Fresh produce trader Seeka is heading for a major financial loss, on the back of record low per hectare yields.

Listed produce grower and exporter Seeka says a substantial drop in kiwifruit volumes this year may push the company towards an operating loss.

Listed fresh produce handler Seeka won't be paying a dividend to shareholders after enduring a challenging 2022.

As chief executive of the larget kiwifruit growing operation in NZ, Seeka boss Michael Franks says labour is slightly less of an issue than it was a year ago.

The chief executive of one of the country's biggest fruit growers and packers believes there is a huge elephant in the room around kiwifruit quality and there is a major opportunity for improvement.

Michael Franks describes himself as effectively running a company that is a 'hotel for kiwifruit'. His customers are kiwifruit: green, gold and red. Peter Burke recently caught up with him at Seeka360, Seeka's Te Puke headquarters.

"This is my hardest year in the kiwifruit industry - ever!"

A tough six months means produce company Seeka won’t pay an interim dividend to shareholders.

Kiwifruit company Seeka has announced its half-yearly results for the six months to 30 June 2022, with revenue up 10%.

For kiwifruit grower and exporter, Seeka growth is part of the listed company's DNA.