Silver Fern Farms Halts Middle East Exports

Silver Fern Farms halts Middle East exports

By Monique Steele of RNZ One of New Zealand’s largest red meat companies is back in the black after a few years of financial losses. But Silver Ferns Farms...

Silver Fern Farms halts Middle East exports; returns to profit

Silver Ferns Farms is back in the black after a few years of financial losses but it is also counting the costs of halting exports into its key...

Major meat firm Silver Fern Farms halts Middle East exports; returns to profit

Silver Ferns Farms is back in the black, but also counting the costs of halting exports into its key Persian Gulf markets.

Major turnaround in performance pays off for Silver Fern Farms

Reading Time: 3 minutes Silver Fern Farms Ltd is back in the black, overcoming falling stock numbers and higher procurement prices to record a $70 million financial turnaround for the 2025 financial year. Chief executive Dan Boulton described the $41m net profit before tax for the year to  December 31 2025, as “hard fought”. This compares to a $29.7m before-tax loss for the 2024 financial year. The transformation to profitability was attributed …