loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Companies

High salmon raw material costs push Hofseth Biocare into deeper Q2 loss

The company reports 'unusually low volumes of raw material' were available on the market in the second quarter, resulting in a y-o-y drop in sales

By Undercurrent News | Aug. 30, 2022 10:25 BST
Credit: Hofseth BioCare
Related

Aqua-Spark enters public markets with €10m deal for 3.4% of Hofseth Biocare

Hofseth BioCare establishes Swiss subsidiary, appoints CEO

Revenue keeps rising, losses keep growing for Hofseth Biocare

Hofseth Biocare sees record orders at start of Q1 despite deepening losses

Credit: Hofseth BioCare on Facebook

Hofseth BioCare sees improved Q4 performance despite loss-making year

Hofseth Biocare

Week 47 farm-gate shrimp roundup: Ecuador, India prices edge up while China diverges

Credit: weera sreesam/Shutterstock
AdvertisementX

The extremely limited supply of salmon off-cuts during the second quarter of 2022 has pushed Hofseth Biocare to a deeper loss for the period, following its initial Q1 loss, it reports in its latest financial update.  [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

Masoval sets up own sales division, will acquire part of controversial subsidiary

Vietnam’s pangasius farm-gate prices reach highest since February

Icelandic cod, haddock prices continue to rise as bad weather hits supply

Icelandic cod Gadus line-caught

Russian crab exports to China steady despite renewed focus

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)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

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.