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.