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New Zealand King Salmon Adjusts Balance Date and Updates Operations

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New Zealand King Salmon Adjusts Balance Date and Updates Operations

Elevate Your Investing Strategy:

New Zealand King Salmon Investments ( (AU:NZK) ) just unveiled an announcement.

New Zealand King Salmon Investments Limited has announced a change in its balance date from 31 January to 30 September to avoid reporting during operational peaks in the summer. The company also provided an operational update, indicating a strategic reduction in harvest to rebuild biomass after lower than expected growth, with revised earnings guidance for the shortened reporting period ending 30 September 2025, projecting a pro-forma EBITDA of $1 million to $7 million.

More about New Zealand King Salmon Investments

New Zealand King Salmon Investments Limited operates in the aquaculture industry, focusing on the farming and distribution of king salmon. The company is listed on the NZX and ASX and is known for its premium salmon products.

Average Trading Volume: 13,090

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$105.5M

For an in-depth examination of NZK stock, go to TipRanks’ Overview page.

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