NZ King Salmon posts $20.8m loss

NZ King Salmon posts $20.8m loss
(Image: Getty)
Graham Skellern
New Zealand King Salmon Investments continues to be affected by fish health and performance challenges, posting a $20.84 million loss for the six months ending July.The loss, compared with a net profit of $6m for the half-year ending January, included a $22.5m write-down in the fair value of biological assets/inventory.NZ King Salmon's chair, Mark Dewdney, said the latest half-year result has been affected by challenging biological performance, with subdued feed out and slightly elevated mortality affecting the number of salmon availab...

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