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India’s Apex Frozen Foods sees shrimp market recovery despite Q2 loss

Indian shrimp processor Apex Frozen Foods reported a quarterly loss as higher costs and supply constraints weighed on margins, though it forecast improving market conditions ahead for the sector

By Louis Harkell | Nov. 20, 2024 10:14 GMT
An Apex Frozen Foods shrimp processing plant. Source: Company annual report.
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Indian shrimp processor Apex Frozen Foods reported a second-quarter loss as higher costs and supply constraints weighed on margins, though it forecast improving market conditions ahead for the sector [...]

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