Fresh produce marketer Turners Growers has boosted its half year profit thanks to the domestic and Australian markets.
The company made $6.9 million in the six months to the end of June, more than triple what it did in the same period in 2010 when its profit was hit by a one-off tax charge.
Underlying profit in the six months to 30 June 2011 rose slightly while revenue was up 13% to $331 million.
Turners Growers' managing director Jeff Wesley says domestic trading has been reasonably good and exports to Australia were very strong, aided by the favourable exchange rate.
He says, however, other major export markets, in particular for apples, such as the US, Europe and the UK were not great, mostly due to the high level of the New Zealand dollar against those currencies.
The company expects Asia to become New Zealand's biggest apple market in the next five to 10 years.
