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Chinese shrimp giant Guolian forecasts record losses for 2023

China's largest shrimp company, Zhanjiang Guolian Aquatic Products, has forecast significant losses for 2023, citing declining shrimp demand and prices

By Lewis Hu | Jan. 31, 2024 12:29 GMT
Zhanjiang Guolian Aquatic Products' processing factory in Zhanjiang county, Guangdong province, opened in summer 2019. Source: Zhanjiang Guolian
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China's largest shrimp company, Zhanjiang Guolian Aquatic Products, has forecast significant losses for 2023, citing declining shrimp demand and prices.  [...]

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