Southern hemisphere salmon farmer New Zealand King Salmon reported a 49 percent year-on-year drop in earnings for the seven months ending Jan. 31 to NZD 10 million (€5.9 million/$7 million).
This is the first set of results reported in the company's new financial year, which has been shifted to end on Jan. 31 to improve certainty of forecasting.
Its revenues were down just 6 percent to NZD 95.2
