Russian Aquaculture Co., Country's Largest Producer, Reports Rising Loss
SEAFOODNEWS.COM [The Fish Site] May 20, 2015
RUSSIA - Russian Aquaculture, the largest Russian company in the aquaculture sector and the distribution of chilled and frozen fish and seafood products, saw a net loss in the first quarter of the year of 285 million rubles.
This is compared to a loss of 67 million rubles for the same period last year.
The company said that there was an overall drop in sales because of rising prices and an increase in interest expenses due to the development of aquaculture segment and...
To Read Full Story Login Below.