NZK

New Zealand King Salmon Reports $20.8m Loss as Reduced Harvest Disrupts Supply

New Zealand King Salmon Investments (ASX: NZK) has reported a net loss of $20.8 million for the six months to end July following a $22.5m post-tax write-down of its biological assets (salmon at sea). Reduced feed outs and elevated fish mortality during summer resulted in below-forecast biomass at sea, which prompted the company to reduce harvest […]