Scales Corporation Limited Reaffirms Earnings Guidance for 2020

Scales Corporation Limited is a New Zealand-based company, which is engaged in agribusiness. The Company comprises three divisions: Global Proteins, Horticulture and Logistics. Global Proteins provides valuable food commodities to offshore markets. It includes Meateor International, Shelby Foods and joint venture Meateor Pet Foods LP process and market petfood ingredients. The Company’s Horticulture division operates through three subsidiaries, such as Fern Ridge Produce Limited, Mr Apple New Zealand Limited and Profruit (2006) Limited. This division is a supplier, trader and marketer of apples. It is also engaged in producing juice products. The Logistics division operates through Scales Logistics Limited, which is a sea and air freight-forwarding and logistics provider in primary produce exports. It serves global carriers and airlines, enabling it to specialize in supplying tailored international freight and land-side services.