Monday 2nd May 2022 |
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New Zealand King Salmon Investments Limited is pleased to advise the annual report for the year ended 31 January 2022 is now available.
An electronic copy is attached, and is also available at our website, www.kingsalmon.co.nz/investors
“The 2022 financial year has been challenging for the company due to issues with the wider environment, including increased mortalities and the ongoing Covid-19 pandemic. This has caused us to reassess our strategies to create a more secure platform for future expansion. The company is undergoing a capital raise to strengthen its balance sheet and we are initiating structural changes to our farming model to combat rising fish mortalities. We are confident these initiatives will put us on a better footing and we remain positive about the future. ”
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