Profitable 4Q for Clearwater
By SeafoodSource staff
Published on 12 March, 2012
Clearwater Seafoods Inc. rose to profitability in the fourth quarter as pricing and supply contributed to improved results.
The company had a CAD 16.4-million profit in the fourth quarter, an improvement from the year-earlier period when the Halifax-based company booked a loss of CAD 4.9 million.
Revenue was CAD 87.1 million, rising from CAD 82.8 million a year earlier.