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Aquaculture

China’s Joyvio warns of $237m in losses as woes mount at subsidiary salmon farmer Australis

The company said it now is at risk of a warning from the securities regulatory authority that it could be delisted from the Shenzheni stock exchange

By Louis Harkell | Jan. 30, 2023 19:32 GMT
Australis Seafoods Chile
Credit: Australis Seafoods
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Chinese seafood giant Joyvio Food has forecast record losses of between CNY 1.0 billion to CNY 1.6bn ($148.1 million to $237.1m) for 2022 as its Chilean salmon farming business Australis Seafoods goes from bad to worse. [...]

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