date:Apr 18, 2014
Results for one of Chinas leading listed seafood producers shows the effects of government anti-corruption measures are continuing to dog the sector and leading to excess supply in luxury products like sea cucumbers and ezo scallops.
Net profit of CNY 163 million (USD 26.2 million, EUR 19 million) was up only 1 percent year-on-year at Dalian Yi Qiao Marine Seeds Co., which has reported an income of CNY 533 million (USD 85.7 million, EUR 62 million) for 2013, an increase of 43.14 percent year-on