T&G underlying profit up

Photo / Bay of Plenty Times

Turners & Growers has posted a rise in interim underlying profit and is forecasting a rise in annual profit.

The fresh food marketer reported a pre-tax profit of $10.1 million in the six months to June 30, up from $8.64 million on the same period last year.

The profit after tax of $2.25 million was down from $6.05 million last year.