This was attributed to "proactive cost management strategies and operational adjustments executed" in this period, the group said.
This includes streamlining headcount and processes in Singapore and Brunei, reducing administrative expenses, and trimming executive salaries.
Loss per share came in at $0.12959, based on a total shareholding of 40.4 million.
Revenue slipped 1.6 per cent to $16.6 million from $16.9 million. This came as the company's sales volumes fell to 714 tonnes whole fish equivalent (WFE) in this half year, from 930 tonnes WFE in the first half of FY2022.
WFE is an industry-standard measurement that refers to the weight of the fish after bleeding.
The fall in revenue was offset by increased retail prices and higher contribution from Fassler Gourmet, the group's products processing subsidiary.
This story is from the August 31, 2023 edition of The Straits Times.
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This story is from the August 31, 2023 edition of The Straits Times.
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