Clean Seas Tuna has told investors it hopes to post a profit by 2015.
The company recently posted a AUD 34 million-plus half net loss, including AUD 30 million worth of write downs to the southern bluefin tuna breeding program, which was put on hiatus earlier this year.
Chief executive officer Dr. Craig Foster said the company would now concentrate its efforts on producing kingfish to make it profitable.
Dr. Foster said to company would ramp up its kingfish production and increase the amount of fish it harvests to build the company back up.
"We have to rebuild our kingfish biomass," he said.
