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Chinese tuna giant braces for loss after merger deal

Chinese tuna fishing company CNFC Overseas Fisheries expects to post a substantial loss in the third quarter amid an ambitious acquisition plan from its state-owned parent company

By Lewis Hu | Oct. 19, 2023 17:56 BST
China National Fisheries Corporation (CNFC)
At Seafood Expo Global 2017. Credit: Miriam Okarimia/ Undercurrent News
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Chinese tuna fishing company CNFC Overseas Fisheries expects to post a substantial loss in the third quarter amid an ambitious acquisition plan from its state-owned parent company [...]

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