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Coronavirus

India’s Apex sees profit sink in 2021, though shrimp VAP looks promising

The shrimp farmer and processor has sold less shrimp year-on-year, putting less raw material through its newly expanded plant; but its new capacity for ready-to-eat shrimp is yielding benefits

By Neil Ramsden | March 18, 2021 08:19 GMT
Apex Frozen Foods' black tiger shrimp
Apex Frozen Foods' black tiger shrimp. Credit: Apex
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Indian shrimp farmer and processor Apex Frozen Foods has seen its 2021 financial year hit hard by the coronavirus pandemic, it said [...]

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