Despite facing challenges due to COVID-19, New Zealand seafood giant Sealord stated it achieved its "plans" for the year, but warned next will likely be "tougher".

The company reported revenue increasing 11 percent from the previous year to NZD 399 million (€230.2 million/$281.8 million).

Sealord Group reported a net profit after tax of NZD 29.3 million (€16.9 million/$20.7 million) for its financial year ended September 30, 2020.