Nissui reports revenue and income increase for Q3 2013
Nissui products. (Photo Credit: Nissui)
Nippon Suisan Kaisha Ltd. (Nissui) reported an increase in revenues and profits in the Q3 of its fiscal year 2013 (October-December 2013), compared with the same period last year.
The latest financial report indicates that the Japanese giant consolidated net sales grew 6.3 per cent, to JPY 448,695 million (USD 4,383 million), and net income by 160 per cent, to JPY 5,849 million (USD 57.1 million).
Nissui attributes this growth primarily to the recovery of the Japanese market, the reduction of inventories (non-consolidated), the restructuring of enterprises abroad and better trade balance in salmon and trout thanks to higher prices.
Regarding food products business, the company highlights that in Japan, the yen weakness was offset by improving productivity, reducing expenses and revising selling pr...
Genetically improved tilapia delivered to Ivory Coast Brazil
A shipment of genetically improved tilapia was delivered this week to the Government of Ivory Coast by the head of the Ministry of Fisheries and Aquaculture from Brazil continuing a relation that started more than four decades ago.
IATTC fails to improve tuna and shark conservation European Union
The European Commission has expressed its disappointment with the outcomes of the 87th Annual meeting of the Inter American Tropical Tuna Commission, which finished on 18 July in Lima, Peru.
Squid skin protein can boost bioelectronics United States
A team of researchers has discovered that reflectin, a protein in the skin of the common pencil squid (Loliginidae) can conduct positive electrical charges, or protons, making it a promising material for building biologically inspired devices.
Copyright 1995 - 2014 Fish Info & Services Co.Ltd| All Rights Reserved. DISCLAIMER