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Joyvio’s losses mount as Chilean salmon subsidiary Australis halves output

Since Joyvio acquired the Chilean salmon company Australis Seafoods in 2019 for $920m, it has never turned a profit

By Lewis Hu | March 19, 2024 14:13 GMT
Australis Seafoods' Southring brand
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China-listed seafood company Joyvio Food has once again suffered from massive losses after a significant decrease in salmon production and rising costs at its Chilean subsidiary Australis Seafoods [...]

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