NZ King Salmon has better-than-expected harvest

Fri, 10 Feb 2023

A better-than-expected end to its production season has seen New Zealand King Salmon revise its earning guidance.The listed-salmon farmer provided a trading update this morning, which said salmon at its Ruakaka farm, in the Queen Charlotte Sound, had outperformed expectations. The harvest completed in late January came in about 250 metric tonnes (MT) ahead of the expected 500 MT at 750 MT.That resulted in an increase in its planned FY23 harvest from about 5,750 to about 6,000 MT.“In addition to the increase in harvest, both the strong sal...

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