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Salmonid

Magallanes acquisition helps AquaChile double Q3 sales, earnings

The acquisitions of Salmones Magallanes and Pesquera Eden helped AquaChile post a Q3 2018 net profit of $15.6m, compared to $10.4m in Q3 2017

By Undercurrent News | Dec. 3, 2018 16:46 GMT
Puchi Photo credit: Aqua.cl
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A salmon farm in Chile. Credit: MARCELODLT/Shutterstock.com

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As its sale to Chilean agribusiness giant Agrosuper heads to a close, salmon farmer Empresas AquaChile saw its quarterly sales and earnings double in the third quarter of 2018, the company's latest financial filings reveal.  [...]

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Trump’s return to White House threatens more seafood tariffs, end of Russia ban

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