High Liner Foods Profits Increase; Sales Volume Hit By Global Supply Chain Crisis in Q3
High Liner Foods reported a rise in profits with improved financial results in the third fiscal quarter of 2021. However, the company was impacted by the global supply chain crisis and a raw material shortage that led to challenges with sales volume during the period.
The value-added frozen seafood company noted sales increased by $19.7 million, a 10.1% increase to $214.3 million. Compared to Q3 2020’s $194.6 million pounds. Sales volume remained level when compared to the same...
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