Clean Seas posts profit in FY 2022 on higher revenue, volumes

A yellowtail kingfish swimming in one of Clean Seas' net pens.

Australia-based yellowtail kingfish farmer Clean Seas posted higher revenue and a positive underlying gross profit and statutory net profit in the company’s FY 2022 ending 31 August.

The Port Lincoln, South Australia-headquartered firm posted revenues of AUD 66.1 million (USD 44.7 million, EUR 45 million), up 37 percent from the AUD 48.4 million (USD 32.8 million, EUR 32.9 million) earned in 2021 ... 

Photo courtesy of Clean Seas

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