loading
AdvertisementX
AdvertisementX

Aquaculture

Excess inventories, biomass push Clean Seas to annual loss despite record sales

The Australian yellowtail farmer grew sales volumes by 31% this year, yet still recorded a $23.2m loss after tax due to the increased carrying cost of excess biomass and frozen inventory

By Undercurrent News | Aug. 27, 2021 10:06 BST
Credit: Clean Seas
AdvertisementX

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.