date:Oct 29, 2012
Seneca Foods, a US-based canned fruits and vegetables processor, reported 400% increase in net earnings to $14.5m for the second quarter of 2013 ended 29 September 2012, compared to $2.9m for the same period in 2012.
The company reported 12.3% in net sales for the period to $317.6 million, compared to $34.9m for the corresponding period in the previous year.
Seneca Foods attributed the increase in sales to higher selling prices and a sales volume increase of $11.2m.
A part of the sales volume