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Asia drives seafood M&A

Pacific Andes Q2 profit dives 77% due to anchovy fishing closure in Peru

Asian firm says balance sheet strengthening bodes well for rest of year, as reduced anchovy fishing in Peru A season and closure of B season hits top and bottom line

By Tom Seaman | May 11, 2015 09:26 BST
Copeinca anchovy fishing
Anchovy fishing in Peru. Photo: Copeinca
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Pacific Andes Resources Development (PARD) saw its top and bottom line dive in Q2 as a result of the reduced anchovy fishing in the A season in Peru and the closure of the B season [...]

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