High Liner CEO Optimistic About 2024 After Releasing Q4 2023 Results
Frozen seafood company High Liner Foods has released its fourth quarter results for 2023. Sales for the Nova Scotia-based company ended at $250.3 million — a $13.2 million drop from Q4 2022.
Reported net income in the fourth quarter of 2023 decreased by $4.7 million compared to the same period in 2022. The company says the drop was due to a decrease in Adjusted EBITDA and an increase in depreciation and amortization costs.
Gross profit was also down in the fourth quarter — decreasing by...
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