Profitable 4Q for Clearwater

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.

Click here to read the full story from The Canadian Press > 

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