NZK fish performance update
8 May 2018
New Zealand King Salmon (NZX and ASX:NZK) Fish Performance Update
The Board of New Zealand King Salmon Investments Limited provides an update on fish performance
following the FY18 summer period.
As forecast in our interim results announcement on 1 March 2018, the summer has been particularly
challenging for fish survival due to extremely warm water temperatures. Since then, temperatures
have fallen back to normal, cooler levels following the arrival of autumn. Fish performance metrics
have been consistent with the forecast noted in our interim results announcement. Fish harvest
volumes expected for FY19 therefore remain in line with the previously advised level at around
8,000mt.
ENDS
Contact information:
Grant Rosewarne, CEO, Mob: 027 246 0980, email: grant.rosewarne@kingsalmon.co.nz
About New Zealand King Salmon
New Zealand King Salmon is the world’s largest aquaculture producer of the premium King salmon
species. We operate under our four key brands: Ōra King, Regal, Southern Ocean, and Omega Plus, as
well as the New Zealand King Salmon label. We have been growing and selling salmon to consumers
for more than 30 years. Today we employ around 500 people. More information can be found at
www.kingsalmon.co.nz
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- KFL — Kingfish Limited: Another strong result for Kingfish2018-05-21
“For immediate release: 21 May 2018 Another strong result for Kingfish Net profit after tax $36.3m Total shareholder return +12.0% Gross performance return +16.5% Dividend return +8.7% (11.28 cps paid) NZX-listed investment company Kingfish Limited (N…”
- KFL — Kingfish Limited: Kingfish Annual Report and Section 209C provided2018-06-19
“The New Zealand share market continued the positive trend of the past five years, posting another double digit return for the 12 months ended 31 March 2018. The Kingfish portfolio lifted 14.7% 1 , delivering a net profit of $36.3m. While the first nine months of the financ…”