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New Zealand King Salmon Investments ( (AU:NZK) ) has shared an update.
New Zealand King Salmon Investments reported a net loss of $20.8 million for the first half of 2025, primarily due to a fair value write-down on biological assets. The company faced challenges with biological performance, leading to reduced sales volumes and revenues. Despite these setbacks, the company is optimistic about future growth, with initiatives like a summer feed diet and selective breeding for resilience. They are also advancing projects like the Blue Endeavour open ocean farm and a pilot Recirculated Aquaculture System to improve operations. The board remains confident in the company’s long-term growth prospects.
More about New Zealand King Salmon Investments
New Zealand King Salmon Investments Limited operates in the aquaculture industry, primarily focusing on the farming and sale of King Salmon. The company is listed on both the New Zealand and Australian stock exchanges and is known for its emphasis on sustainable and innovative aquaculture practices.
Average Trading Volume: 35,749
Technical Sentiment Signal: Sell
Current Market Cap: A$100.2M
See more insights into NZK stock on TipRanks’ Stock Analysis page.