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New Zealand King Salmon Investments Reports Profit for Fiscal H1, Upgrades Guidance; Shares Gain 14%

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New Zealand King Salmon Investments (NZE:NZK, ASX:NZK) reported Tuesday fiscal first-half earnings of NZ$0.03 per share.

Following a change in its fiscal year-end date to Sept. 30, the company compared the fiscal first-half 2026 results with the six months through July 2025, a period for which it posted a loss of NZ$0.04 per share.

Revenue from contracts for the six months ended March 31 was NZ$100.3 million, compared with NZ$94.5 million in the six months through July 2025.

The company upgraded its fiscal year 2026 pro-forma earnings before interest and taxes to NZ$13 million to NZ$19 million from a previous range of NZ$10 million to NZ$18 million. It also raised its fiscal year 2026 pro-forma earnings before interest, taxes, depreciation, and amortization outlook to between NZ$23 million and NZ$29 million from a previous range of NZ$19 million to NZ$27 million.

New Zealand King Salmon Investments said the impact of the Middle East conflict on fiscal year results has diminished "with the passing of time and the fuel price increases slowing," but warned that ongoing uncertainty around airfreight availability for exporting may impact future performance.

The company's shares gained 14% in recent Tuesday trade on the New Zealand bourse.

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