Fishmeal operations lifts Pacific Andes profit
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Singapore
FULL-YEAR net profit for global frozen fish supplier Pacific Andes Resources Development (PARD) has jumped 27.5 per cent, thanks to the expanded Peruvian fishmeal operations at its subsidiary, industrial fishing company China Fishery.
PARD's net attributable profit rose to HK$953 million (S$160 million) for the year ended Sept 28, from HK$748 million for the previous year, the group reported in a statement to Singapore Exchange on Saturday.
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