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Pacific Andes profit dives as Q3 hit by Peru anchovy closures

Net profit was down 88% in the three months ended June 28 2015, as Peru's anchovy fishery troubles from 2014 meant a drop in sales volumes for the Chinese firm

By Neil Ramsden | Aug. 11, 2015 17:34 BST
Pacific Andes
Seafood Expo Global, May 2015, Brussels, Belgium. Photo: Miriam Okarimia/ Undercurrent News
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Pacific Andes Resources Development (PARD) saw its net profit drop 88% in the three months ended June 28, 2015, the third quarter of its financial year, hit by last year's fishery closures in Peru [...]

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