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New Zealand Coastal Seafoods Cuts Losses, Eyes Coral Sea Expansion and Acquisition
9:34am on Wednesday 12th of February, 2025 AEDT
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Seafood
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New Zealand Coastal Seafoods Cuts Losses, Eyes Coral Sea Expansion and Acquisition
9:34am on Wednesday 12th of February, 2025 AEDT
Key Points
Closure of New Zealand operations reduces net loss to $108,109 in FY24
Successful initial explorational fishing trips in the Coral Sea by vessel Cody Star
Company investigating commercialisation opportunities for Coral Sea Fishery permits
Potential acquisition under consideration to enhance revenue streams
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