Salmon farmer Tassal Group says its focus on the domestic market is paying dividends.

Tassal’s net profit for the six months to December 31 of AUD 22.48 million (USD 20 million, EUR 14.8 million) is up 42 percent on last year’s AUD 15.83 million (USD 14.2 million, EUR 10.4 million).

Tassal CEO Mark Ryan said the result vindicated the company’s focus on the domestic market and lifting local per capita consumption.

“The past six months has seen Tassal produce a strong set of results, with higher margin returns generated in the domestic market,” he said in a statement.

Click here to read the full story from The Australian >

Market Report

Latest videos and photos

Events

Seafood Expo Global/Seafood Processing Global

May 6 - 8, 2014
Attendees access new products in fresh, canned, frozen, and value-added seafood.

Exhibitors put their products in front of thousand of top buyers, distributors and importers from more than 140 countries around the world.MORE...

BCMath lib not installed. RSA encryption unavailable