Results hit both top and bottom line in the last accounting period for AquaPri Holding.
In the last accounting period, from 1 May 2018 to 30 April 2019, AquaPri Holding had a gross profit of EUR 9.7 million. This is a decrease from EUR 11.2 million in the previous accounting period. Net result also fell for the fish farmer with 2018/19 results ending at EUR 2.7 million, compared to EUR 2.8 million in 2017/18.
AquaPri Holding director and co-owner Henning Priess told FoodWatch that the fall is due to the hot summer.
“We lost 25 per cent of our production in the sea due to the hot summer. It has knocked sales as we have lost some 100 tonnes in production,” he told the publication.
Aquapri, which operates at sea, farming trout, trout roe and zander (pike perch), is among those that will be affected by the Danish government’s ban on more and larger fish farms.
Preiss further stated to FoodWatch that they are seeing increased interest in fish protein from Asia, especially China, which is currently being ravaged by African swine flu.
“When they can’t get enough, and prices start to rise on pork, they look for alternatives. First and foremost they look for chicken protein, but also in fish protein we notice that there is more interest,” he said.
The Chinese pig population was 32.2 per cent lower in July this year compared to the same month in 2018.