{"id":1931,"date":"2019-12-19T02:23:00","date_gmt":"2019-12-19T02:23:00","guid":{"rendered":"https:\/\/hihotest2.co.nz\/sealord\/?p=1931"},"modified":"2025-04-23T21:18:14","modified_gmt":"2025-04-23T21:18:14","slug":"sealord-stellar-year-profit","status":"publish","type":"post","link":"https:\/\/hihotest2.co.nz\/sealord\/2019\/12\/19\/sealord-stellar-year-profit\/","title":{"rendered":"Sealord Announces Stellar Year"},"content":{"rendered":"<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\"><div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/hihotest2.co.nz\/sealord\/wp-content\/uploads\/2025\/03\/arrival-4.jpg\" alt=\"Sealord vessel floating on calm water with mountains and a cloudy sky in the background.\" class=\"wp-image-1932\" srcset=\"https:\/\/hihotest2.co.nz\/sealord\/wp-content\/uploads\/2025\/03\/arrival-4.jpg 800w, https:\/\/hihotest2.co.nz\/sealord\/wp-content\/uploads\/2025\/03\/arrival-4-300x225.jpg 300w, https:\/\/hihotest2.co.nz\/sealord\/wp-content\/uploads\/2025\/03\/arrival-4-768x576.jpg 768w, https:\/\/hihotest2.co.nz\/sealord\/wp-content\/uploads\/2025\/03\/arrival-4-600x450.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p><strong>Press release<\/strong><\/p>\n\n<p>Sealord Group Ltd has reported a net profit after tax of NZD $32.2 million for its financial year ended September 30, 2019. The result is 32.6% higher than their 2018 result. Revenue increased 4.5% from the prior year to $359.8 million.<\/p>\n\n<p>Sealord Group CEO Steve Yung said, \u201cThe group enjoyed a stellar year on the back of strong pricing in both export and domestic markets, a favourable squid season and a record profit year for Petuna Aquaculture, our Tasmanian salmon joint venture.\u201d<\/p>\n\n<p>Following a poor 2018, Petuna\u2019s 2019 result was particularly pleasing. Focus on operational excellence at the hatchery, sea farms and factory promoted strong fish growth, low fish mortalities and provided high-quality product for the sales team.<\/p>\n\n<p>Sealord\u2019s new vessel Tokatu proved her worth catching New Zealand deep-sea species. Fishing results showed continuous improvement as the crew became more familiar with the vessel and catching and processing each species as the year progressed.<\/p>\n\n<p><em>Nga Tapuwae o Maui<\/em>, the arrangement announced in March 2019 between Sealord and Iwi (allowing Sealord access to ACE on a long-term basis, with greater returns to Iwi), enables Sealord to work with a more consistent catch plan. \u201cNga Tapuwae o Maui is founded on tikanga M\u0101ori, where M\u0101ori work collectively together for the benefit of all.\u201d says Sealord Chairman Whaimutu Dewes. \u201cTaku toa he toa takitini; ehara i te toa takitahi. Our achievements are brought by the effort of many.\u201d<\/p><\/div><\/div><p><\/p>","protected":false},"excerpt":{"rendered":"<p>Press release Sealord Group Ltd has reported a net profit after tax of NZD $32.2 million for its financial year ended September 30, 2019. The result is 32.6% higher than their 2018 result. Revenue increased 4.5% from the prior year to $359.8 million. Sealord Group CEO Steve Yung said, \u201cThe group enjoyed a stellar year [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts\/1931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/comments?post=1931"}],"version-history":[{"count":2,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts\/1931\/revisions"}],"predecessor-version":[{"id":2981,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts\/1931\/revisions\/2981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/media\/1932"}],"wp:attachment":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/media?parent=1931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/categories?post=1931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/tags?post=1931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}