Kiwifruit producer Zespri’s profit has dropped 27 per cent but growers have been paid record prices for their output.

Zespri reported a net profit after tax of $173.3 million for the 2023-24 financial year - down from $238.7m the year prior.

The Country's Jamie Mackay explains what this means for the sector.

LISTEN ABOVE 

Kiwifruit producer Zespri’s profit has dropped 27 per cent but growers have been paid record prices for their output.
Zespri reported a net profit after tax of $173.3 million for the 2023-24 financial year - down from $238.7m the year prior.
The Country's Jamie Mackay explains what this means for the sector.
LISTEN ABOVE

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