Scales Corporation's share price has risen 2.5 percent, after the company upgraded its full-year profit forecast.
The apple grower and distributor expects its underlying annual operating profit to exceed the $41.2 million it had forecast in its prospectus by between 25 and 35 percent.
Managing director of Scales Andy Borland said the season's harvest yielded a high percentage of premium apples, which was 13 percent ahead of the forecast.
"It was a great apple season, the growing conditions were very good, a lot of apples on the trees" he said.
Shares in Scales closed Thursday at $2.05 each.
