Australis Seafoods is the latest Chilean salmon farmer to announce a dramatic turnaround in profit as salmon prices surged on a global shortage caused by the algal bloom outbreak last year
Profit for 2016 rose to $40m, compared with a $67m loss a year ago, Australis said in a statement to the Chilean regulator. Fourth quarter profit of $29m compared with a $23m loss in Q4 2015 [...]
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