New Zealand King Salmon Investments Ltd 2023 Annual Report with Sustainability Disclosures
Company: New Zealand King Salmon Investments Ltd
Sector: Agriculture, forestry & fishing
Country: New Zealand
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 106
The report describes a difficult FY23 in which New Zealand King Salmon adapted its farming model to warmer water, fallowed three Pelorus Sound farms and introduced seasonal harvesting, while reducing team numbers by 20%. Group revenue declined to 167,131 NZ$000 as volumes fell, but FY23 returned to a GAAP net profit of 1,891 NZ$000. Sustainability highlights include a fifth consecutive four-star Best Aquaculture Practices rating, a Sustainability Award, and preparations for New Zealand climate reporting.
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