A record month for kiwifruit exports helped push the country's overall exports in April to the second-highest level ever, according to monthly trade data released today.
New Zealand Premium Whitebait, the country's only commercial whitebait farm, has been sold by receivers to its creditor and shareholder, the commercial investment arm of the Ngati Tahu-Ngati Whaoa tribe, for $1.095 million.
New Zealand milk processors collected record levels of milk in April as favourable weather boosted pasture growth.
Sumitomo Forestry NZ, the local unit of the Japanese timber conglomerate, posted a record profit last year after buying the timber plantations of US forestry investor Hancock in 2016 to secure more supply for its wood processing plant.
Fletcher Building has reached its $750 million equity raising target after selling 20.2 million shares under its retail shortfall bookbuild, at a premium price to the entitlement offer but a discount to the trading price of the shares.
New Zealand cow slaughter rates are tracking ahead of last year as the compulsory culling of cattle on properties infected with Mycoplasma bovis swells volumes, weighing on prices.
Warehouse Group increased sales more than Morningstar expected in the third quarter, prompting the investment research company to lift its estimate for the retailer's full-year sales and earnings.
Scales Corp will have about $220 million in its war chest to pursue merger and acquisition opportunities after the country's largest apple grower sells its cold storage businesses to US-based Emergent Cold, according to brokerage Craigs Investment Partners.
New Zealand food prices edged up in April as the cost of takeaway food and tomatoes rose, while chicken prices fell to near a four year low.
Warehouse Group's third-quarter sales advanced 2.6 percent as its Noel Leeming appliance and technology chain outperformed its other businesses.