New Zealand King Salmon Investments Ltd (NZX & ASX: NZK) reported a net profit of $1.9 million for the year ended 31 January 2023, compared to a net loss of $73.2 million in the previous year.
Sales volumes decreased by 24%, and revenues decreased by 4% over the same period.
The mortality cost increased from $20.8 million in FY22 to $25.9 million in FY23.
A conference call will be held on 29 March 2023 at 10am NZT to discuss the financial results.
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