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Seafarms Group Limited ( (AU:SFG) ) has issued an update.
Seafarms Group has had trading in its securities suspended on the ASX pending completion and lodgement of its audit-reviewed half-year financial report for the six months ended 31 December 2025. The company is working with its external auditors to finalise the accounts and expects the suspension to remain until the report is filed, while committing to ongoing market disclosure.
Operationally, Seafarms reports that performance at its Cardwell prawn farms is positive, with production and crop outcomes in line with expectations and export sales for FY 2026 continuing. The company has completed settlement of assets from the liquidated Project Sea Dragon into Sea Dragon Shrimp Pty Ltd, is in talks with potential investors in that project, and is awaiting a court decision on funds held by the liquidator that it believes should be transferred to the company.
More about Seafarms Group Limited
Seafarms Group Limited is an Australian sustainable aquaculture company focused on producing premium Crystal Bay branded prawns and developing the large-scale Project Sea Dragon prawn aquaculture project in northern Australia. The group targets both domestic and export markets, leveraging vertically integrated farming and processing operations to supply high-value seafood products.
Current Market Cap: A$9.67M
For a thorough assessment of SFG stock, go to TipRanks’ Stock Analysis page.