New Zealand Coastal Seafoods Limited (AU:NZS) has released an update.
New Zealand Coastal Seafoods Limited, a processor and distributor of premium seafood and marine ingredients, has reported a collaboration with a 75-ton fishing vessel, Cody Star, to target exports of blue-spotted coral trout and domestic snapper markets. The company saw customer receipts of A$70,000 in the last quarter but retracted a previous revenue forecast for the agreement, emphasizing that the anticipated annual revenues were speculative and should not be relied upon for investment decisions. Additionally, plans to commission a second vessel in 2025 were outlined.
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