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‘We don’t need to leverage off people’s misfortune’: CEO

New Zealand King Salmon doesn’t plan to take advantage of Tasmania’s salmon farm woes.

New Zealand King Salmon won’t add fuel to Tasmania’s salmon industry issues.

Kate McVicar Thu, 27 Mar 2025
Key points
  • Revenue: Up 13% to $210.9m
  • Net Profit: Down 53% $13.4m
  • Key takeaway: New Zealand King Salmon would rather work with the Australian industry than take advantage of their troubles. 

New Zealand King Salmon (NZKS) has poured cold water on using the misfortunes of the Australian salmon industry to its own advantage by pushing aggressively into that country. 

This year, salmon farms in Tasmania have been battling a bacteria outbreak that has killed an estimated one million fish

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Kate McVicar Thu, 27 Mar 2025
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Key points
  • Revenue: Up 13% to $210.9m
  • Net Profit: Down 53% $13.4m
  • Key takeaway: New Zealand King Salmon would rather work with the Australian industry than take advantage of their troubles. 
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‘We don’t need to leverage off people’s misfortune’: CEO
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