Kiwifruit post-harvest company EastPack has announced a $3.89 million after tax profit for the 2012 year.
The profit statement accompanies average orchard gate returns (OGR) to the company's growers of $5.02 per tray of green kiwifruit, $10.45 per tray of gold, and $7.22 per tray of green organic.
Chairman Ray Sharp said EastPack was the first post-harvest company to report a green OGR above $5.00 per tray for the 2012 season.
"2012 was another very successful, albeit challenging financial year for EastPack. Given the reduction in volume as a result of Psa and our reduced packing prices to growers this was an extremely pleasing result.
"To adjust our costs for lower volumes, our focus was on reducing packing costs and waste, under our 'Growing Excellence' programme," Mr Sharp said.