Company Scales Corporation Limited

Equities

SCL

NZSCLE0002S8

Fishing & Farming

End-of-day quote New Zealand S.E. 06:00:00 2024-04-23 pm EDT 5-day change 1st Jan Change
3.2 NZD +0.95% Intraday chart for Scales Corporation Limited 0.00% -7.25%

Business Summary

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 an independent sea and air freight-forwarding and logistics provider, specializing in primary produce exports. It serves global carriers and airlines, enabling it to specialize in supplying tailored international freight and land-side services.

Number of employees: 500

Sales per Business

NZD in Million2022Weight2023Weight Delta
Global Proteins
52.8 %
320 51.7 % 299 52.8 % -6.68%
Horticulture
37.1 %
229 37.0 % 210 37.1 % -8.27%
Logistics
10.1 %
70 11.4 % 57 10.1 % -19.25%
Other
0.0 %
0 0.0 % 0 0.0 % -70.83%

Sales per region

NZD in Million2022Weight2023Weight Delta
North America
53.8 %
326 52.6 % 304 53.8 % -6.71%
Asia
28.3 %
162 26.2 % 160 28.3 % -1.35%
New Zealand
12.1 %
96 15.4 % 68 12.1 % -28.52%
Europe
5.4 %
32 5.2 % 31 5.4 % -5.34%
Other
0.5 %
3 0.5 % 3 0.5 % -23.35%

Managers

Managers TitleAgeSince
Chief Executive Officer - 07-08-31
Director of Finance/CFO - 92-12-31
Chief Operating Officer - 22-01-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 23-08-21
Director/Board Member - 14-06-17
Chief Executive Officer - 07-08-31
Director/Board Member - 22-08-30
Director/Board Member - 10-12-31
Chairman - 23-04-27
Director/Board Member - 19-02-25
Director/Board Member - 21-12-14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 143,095,981 113,670,436 ( 79.44 %) 1,160,229 ( 0.8108 %) 79.44 %

Shareholders

NameEquities%Valuation
21,500,000 15.02 % 43 M $
Harbour Asset Management Ltd.
9.474 %
13,557,572 9.474 % 27 M $
Smartshares Ltd.
1.726 %
2,469,313 1.726 % 5 M $
2,241,000 1.566 % 4 M $
Scales Employees Ltd.
0.8133 %
1,163,823 0.8133 % 2 M $
430,310 0.3007 % 862 255 $
Nick Harris
0.1747 %
250,000 0.1747 % 500 950 $
219,318 0.1533 % 439 469 $
190,449 0.1331 % 381 622 $
153,179 0.1070 % 306 940 $

Company contact information

Scales Corp. Ltd.

52 Cashel Street

8013, Christchurch

+64 3 379 7720

http://www.scalescorporation.co.nz
address Scales Corporation Limited(SCL)

Group companies

NameCategory and Sector
Marine Shipping

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
3.2 NZD
Average target price
3.975 NZD
Spread / Average Target
+24.22%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. SCL Stock
  4. Company Scales Corporation Limited