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Seafarms Group Limited ( (AU:SFG) ) has provided an announcement.
Seafarms Group Limited reported a significant decrease in revenue for the year ending June 2025, with a 43% drop compared to the previous year. Despite this, the company managed to reduce its losses by 39%, indicating some level of cost management or operational efficiency improvements. The lack of dividends and a decrease in net tangible assets per security highlight ongoing financial challenges. These results may impact the company’s market positioning and stakeholder confidence, as they reflect ongoing struggles in achieving profitability.
More about Seafarms Group Limited
Seafarms Group Limited operates in the aquaculture industry, focusing on the production and sale of seafood products, particularly prawns. The company is involved in large-scale aquaculture projects and aims to supply both domestic and international markets.
Current Market Cap: A$9.67M
Learn more about SFG stock on TipRanks’ Stock Analysis page.