date:Feb 20, 2013
Aker Seafoods had a productive fourth quarter in 2012, but drops in prices led to a loss of operating revenues.
According to the companys 4Q report, revenues totaled NOK 165 million (USD 29.7 million, EUR 22.2 million), a loss of NOK 36 million (USD 6.5 million, EUR 4.9 million) compared to 4Q 2011, despite a 15 percent higher catch rate.
Operations have been strong in the quarter with very high catch rates, however prices have been low, and achieved prices for cod are down with 24 per cent co