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Aqua Bio Technology ASA ( (DE:3FZ) ) has issued an announcement.
Aqua Bio Technology ASA’s wholly owned logistics subsidiary Jetcarrier AS has lost out on a prospective container transport contract for salmon with Hofseth International AS, after the latter chose to proceed with other suppliers following an extended tender process. While the setback removes a potential new revenue stream linked to seafood transport, Jetcarrier states it remains positive about broader market conditions and future business opportunities, suggesting the company will continue to target growth in logistics services despite the missed contract.
More about Aqua Bio Technology ASA
Aqua Bio Technology ASA (ABTEC) is a Norwegian technology and distribution group focused on skincare and nonfood products. The company operates in both B2C and B2B markets, offering freight, customs clearance and logistics services, and develops sustainable biotechnology ingredients for skincare. ABTEC is listed on Euronext Expand Oslo.
Average Trading Volume: 277,693
Current Market Cap: NOK77.14M
For a thorough assessment of 3FZ stock, go to TipRanks’ Stock Analysis page.