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Why Did NZ King Salmon Post a $20.8m Loss Despite Strong Demand?
7:40am on Thursday 25th of September, 2025 AEST
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Aquaculture
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Why Did NZ King Salmon Post a $20.8m Loss Despite Strong Demand?
7:40am on Thursday 25th of September, 2025 AEST
Key Points
Net loss of NZD 20.8 million due to lower biomass and harvest volumes
Pro-Forma EBITDA down to NZD 5.7 million amid operational leverage pressures
Blue Endeavour pilot farm progressing with key infrastructure delivered
Strong balance sheet with NZD 58.4 million net cash and disciplined capex
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