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Guolian forecasts $43m loss as pandemic, trade war bites

China’s largest shrimp company said revenues contracted by 1.4-4% to CNY 4.45bn-CNY 4.57bn

By Louis Harkell | Feb. 1, 2021 10:06 GMT
Zhanjiang Guolian Aquatic Products' crayfish plant in Yiyang, Hunan province. Credit: Seafood Guide
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China’s largest shrimp company, Zhanjiang Guolian Aquatic Products, expects to suffer a full-year loss of up to CNY 279.7 million ($43.3m) in 2020, according to a filing at the Shenzhen stock exchange. [...]

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