Business
New Zealand's Scale Corp hits record high on raising FY outlook
New Zealand's Scale Corp hits record high on raising FY outlook
About this update from Scales Corp. Ltd.
** Scale Corporation NZX:SCL rises as much as 5.1% to record high of NZ$5.99** Diversified agribusiness group raises FY25 underlying net profit after tax attributable forecast to NZ$54 mln-NZ$59 mln ($30.9 mln-$33.7 mln) from previous forecast of NZ$51 mln-NZ$56 mln** Co seeing continuing positive performance across group in current year, even as some geopolitical uncertainties remain** SCL last up 3.2%, bringing YTD gains to 44.8%($1 = NZ$1.7486)