Seeka updates market guidance

Seeka Limited [NZX:SEK] updates its financial guidance for the 2022 financial year. Seeka advises that following a challenging kiwifruit season in New Zealand that the market guidance range for the full year to 31 December 2022 net profit before tax is between $6.5m and $9.0m. This is a downgrade from the previous market guidance range between $9.0m and $11.0m. This reduction in earnings reflects a later shipping season, challenging fruit quality across the industry and expected reduced fruit earnings from the global market. Release ends. For further information please contact: Michael Franks Seeka Chief Executive officer +64 21 356516 Nicola Neilson Seeka Chief Financial officer +64 21 841606 End CA:00402491 For:SEK Type:MKTUPDTE Time:2022-11-16 15:33:28