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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
5 mins to read

King Salmon freshwater pilot could be ready within a year

Investment into a pilot system could aid salmon smoltification before the fish are moved to sea farms.

Investors may not see dividends until the open sea farming project, Blue Endeavour, is funded.

Kate McVicar Tue, 24 Sep 2024
Key points
  • Revenue: Up 11% to $101.7 million from $91.6m.
  • Npat: Down 43% to $6m from $10.6m.
  • Key takeaway: Elevated levels of early runting hindering harvest volumes aren't expected to persist.

Investment into a recirculating aquaculture system (RAS) could bolster fish health and is considered 'high on the agenda' for New Zealand King Salmon (NZKS).

NZKS chief executive Carl Carrington told NBR a business case for a pilot freshwater RAS – which would aid the transition of juvenile salmon

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Kate McVicar Tue, 24 Sep 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: Up 11% to $101.7 million from $91.6m.
  • Npat: Down 43% to $6m from $10.6m.
  • Key takeaway: Elevated levels of early runting hindering harvest volumes aren't expected to persist.
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King Salmon freshwater pilot could be ready within a year
Investment,
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