Revenue rose to $100.3m from $94.5m, reflecting higher sales volumes and improved pricing across key markets.
about 1 hour ago
"Positive fish performance" and improved operational efficiency have helped New Zealand King Salmon return to profit, although comparisons are complicated by a change in reporting periods.
Key numbers for the half-year ended March compared with a year ago:
Comparatives are to July 2025 due to a balance date change
Net profit $13.8m vs loss $20.8m
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Revenue slipped 5.5% to $270.2m, while net debt fell by $63m to $102.1m.
Results exceeded market expectations and included an 18 percent jump in revenue for its hospital business.
Net profit hit $468.5m as the hospital division delivered strong growth.
Oceana Group’s stronger seafood business helped lift earnings in the first half, but weaker global prices and lower fish catches…
Sea’s operating expenses rose 28% in the past quarter, with its e-commerce arm—Shopee—looking to strengthen its competitive edge…
It reported a sharp lift in annual profit, driven largely by property revaluations, but its underlying earnings show only modest…
