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Analysis

AKVA confirms $4.3m net loss for Q2 as inflation bites

The Norwegian aquatech company found its net profit margins hit by global cost inflation and supply chain restrictions resulting from the war in Ukraine

By Undercurrent News | Aug. 12, 2022 10:28 BST
Credit: AKVA
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Norwegian aquatech conglomerate AKVA group has confirmed a net loss of NOK 41 million ($4.3m) in its second quarter report, as it warned earlier this month.  [...]

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