Scales 1H26 slides: record earnings lift guidance to NZD 55-60m
Scales Corporation Limited, a New Zealand-based agribusiness firm, unveiled its first-half 2026 financial results on August 26, 2026. The company reported a record NZD 762.1 million in revenue, a more than 100% increase from the same period in the previous year. Underlying net profit attributable to shareholders rose 6.7% to NZD 52.0 million.
Following the presentation, the company's stock rose 4.25% to $7.11, nearing its 52-week high of $7.12. Year-to-date, shares have gained an impressive 33%, indicating investor confidence in the company's diversified agribusiness platform and strategic acquisitions completed in fiscal 2025.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
