September 4, 2012

China's Haikui Seafood expects a rise of 20% for its revenue on-year in 2012, due to its competitive prices, growing investments and the expansion of its sales network.

The gross profit margin and the margin on earnings before interest and tax (EBIT) are to remain stable.

In the first six months of 2012, the seafood firm raised its revenue by one third to EUR79.5 million (US$100.3 million).