New Zealand King Salmon Investments Posts Lower Fiscal 2025 Earnings Despite Revenue Increase; Shares Fall Near 1.5-Year Low

MT Newswires Live

2025/03/27

New Zealand King Salmon Investments (NZE:NZK, ASX:NZK) reported fiscal 2025 earnings of NZ$0.02 per diluted share, compared with NZ$0.05 a year earlier.

Revenue from contracts with customers for the year ended Jan. 31 was NZ$211 million, up from NZ$187.1 million a year earlier.

The board expects pro-forma earnings before interest, taxes, depreciation, and amortization of NZ$15 million to NZ$24 million for the fiscal 2026.

The company's Kiwi shares were down 11% in recent Thursday trade, hitting their lowest since November 2023.

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