High Liner Reports Tariff Headwinds in US Market While Clearwater Increases Sales and Profitability To Asia
The two major Canadian publicly traded seafood companies reported diverging results for the second quarter and first half of the year, reflecting the market struggles and opportunities facing each company.
High Liner Foods reported a sales decrease of $22.3 million (US) for the first six months of this year, to $223 million. Their Gross profit decreased by $.5 million, and net income decreased by $1.9 million, all compared to the prior year period...
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