For the 12 months ended 30 June 2020, New Zealand King Salmon Investments Limited (NZX:NZK) reported operating EBITDA of $25.1 million, despite the challenges of COVID-19 and a drop in harvest volume. Key highlights:
- Sales volumes stood at 6,331mt, down by 16% from FY19.
- The company registered revenue of $155.3 million, down by 10% on FY19.
- Net profit increased by 59% to $18.0 million.
- Strong pricing achieved of $24.54/kg, up 7% on FY19.