Farmer to hook world on kingfish

Original article by Samantha Bailey
The Australian – Page: 19 : 10-Sep-19

Seafood producer Clean Seas released its results for fiscal 2019 on 9 September, reporting a net profit of $1.45 million, down 57 per cent. Revenue rose by 11 per cent to $46.15 million, while EBITDA was up 23 per cent to $5.9 million on an underlying basis. Clean Seas farmed 3,500 tonnes of yellowtail kingfish in the reporting period, and advised it was aiming to increase annual production of yellowtail kingfish to around 6,000 tonnes by 2025.

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