Havfisk Posts 50% Hike Q2 Revenues on Improved Cod and Haddock Production
SEAFOODNEWS.COM [SeafoodNews] July 15, 2016
Norwegian-based whitefish and coldwater shrimp producer and distributor Havfisk posted higher second quarter revenues, earnings and profits on improved cod and haddock production.
Havfisk posted a 50 percent increase in second quarter revenues to NOK386 million (US$45.8 million); a 55 percent hike in earnings to NOK 130 million ($15.4 million) and 110 percent rise in profits to NOK86 million ($10.2 million).
The company credited the across-the-board improvement in its performance over 2015 was mostly the result of better cod, haddock and saithe production...
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