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Haikui Seafood achieves slight growth under more difficult market conditions

CHINA
Friday, May 29, 2015, 23:50 (GMT + 9)

Haikui Seafood achieved an increase in revenue by 4.5 per cent to EUR 31.6 million in the first quarter 2015 from the same period last year despite a more challenging business environment. The firm’s sources informed that although the operating environment particularly for export-oriented seafood processors in China put further pressure on their results, Haikui maintained “a still attractive double-digit EBIT margin and continues to maintain a strong financial position.” Besides, revenue from the company’s two product segment improved. In the case of frozen products, its revenue grew by 0.6 per cent to EUR 24.8 million (Q1 2014: EUR 24.6 million) and in the canned products segment it went up by 21.8 per cent to EUR 6.8 million (Q1 2014: EUR 5.6 million). Nevertheless, higher sales cost influenced by higher raw material and direct labour costs pe... FULL STORY

Chile
Chilean and Russian officials discuss seafood export restrictions
May 29, 22:40
Officials of the National Fisheries and Aquaculture Service (SERNAPESCA) of Chile and of the Federal Service f... FULL STORY
Norway
Salmon price status at week 22
May 29, 21:50
Fresh salmon export volumes for week 21 are up 2,261 tonnes compared to last week, and up 1,616 tonnes compare... FULL STORY
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Environmentally-friendly salmon and crustacean by-product use developed
May 29, 04:00
A a Juneau-based business is finding new uses for Alaska Sea seafood waste by implementing environmentally sen... FULL STORY
Chile
Aquaculture sector strengthened with USD 100 million contribution
May 29, 03:20
The Chilean government plans to invest USD 100 million to diversify the controlled production of fish, shellfi... FULL STORY

Chile
AquaChile records loss of USD 11.7 million in the first quarter
May 29, 23:40
AquaChile reported that in the first quarter of this year its cumulative sales totaled USD 192 million, which represents a fall of 15 per cent over th... FULL STORY

Republic of Ireland
New management measures for razor clam
May 29, 23:30
The Minister for Agriculture, Food and the Marine, Simon Coveney, announced the introduction of national management measures for razor clams. He a... FULL STORY

Chile
Customs employees end strike
May 29, 23:10
The indefinite strike kept by workers of the National Customs Service finally ended and the customs service of the Santiago International Airport resu... FULL STORY
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May 30, 07:45 (GMT + 9):
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May 30, 07:40 (GMT + 9):
IN BRIEF - Total value of catch increased by 42% in February 2015
European Union
May 30, 07:40 (GMT + 9):
IN BRIEF - Relaxation of seafood ban: government recommends five more exporters to EU for clearance
Greece
May 30, 07:40 (GMT + 9):
IN BRIEF - Nireus Aquaculture Q1 net loss widens to 14 mln euros
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May 30, 07:00 (GMT + 9):
IN BRIEF - SeaDragon sinks into the red on rising factory cost
Iceland
May 30, 07:00 (GMT + 9):
IN BRIEF - Total value of catch increased by 42% in February 2015
Singapore
May 30, 07:00 (GMT + 9):
IN BRIEF - Singapore Claims Malaysian-held Fishing Vessel Was In Its Waters
Solomon Islands
May 30, 07:00 (GMT + 9):
IN BRIEF - Efforts to stop fish vendors from cheating
United Kingdom
May 30, 07:00 (GMT + 9):
IN BRIEF - 600 jobs could be at risk as Young's Seafood battles to keep GBP 100 million contract with Sainsbury's
Ecuador
May 30, 07:00 (GMT + 9):
EN BREVE - 100,000 Contraband Shark Fins Found In Ecuadorian Fishing City
Norway
May 30, 03:00 (GMT + 9):
IN BRIEF - Mitsubishi Corporation CEO meets with Erna Solberg
Russian Federation
May 29, 04:00 (GMT + 9):
IN BRIEF - Russia food-safety watchdog hints at canned fish import ban
 

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