Business
NZ's Sanford hits over 5-year high on blockbuster annual results
NZ's Sanford hits over 5-year high on blockbuster annual results
About this update from Sanford Limited
** Shares of Sanford NZX:SAN rise as much as 6.8% to NZ$6.57, their highest level since July 20, 2020** Fishing and aquaculture farming company heading for best day since December 2021, if gains hold** Co posts record FY revenue and net profit after tax of NZ$584.1 million ($330.54 million) and NZ$63.7 million, respectively** Declares final dividend of 5.0 NZ cents per share in line with last year** Stock up 54% this year, including the day's move($1 = 1.7671 New Zealand dollars)