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Carl Carrington: NZ King Salmon CEO on the company reporting a $13.8 million net profit for the first half of the year

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The boss of New Zealand King Salmon says it's no fluke they're finally swimming downstream. 

The company’s posting a net profit of $13.8 million for the six months to March. 

The previous period saw a net loss of more than $20 million. 

CEO Carl Carrington told Mike Hosking it was a tough summer on the seas, with temperatures well above average, but a lot of work went into investing in solutions.  

He says a new well-boat arriving soon will mark the biggest transformation in the salmon industry in three decades. 

Carrington says the company’s confident in what’s ahead next year. 

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