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Megan Holdings Limited Announces Closing of $8.3 Million Follow-on Public Offering
Globenewswire· 2026-02-27 21:05
Malaysia, Kuala Lumpur, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Megan Holdings Limited (Nasdaq: MGN) (the “Company” or “Megan”), a Malaysia-based company principally engaged in the development, construction, and maintenance of aquaculture farms and related works, today announced the closing of its follow-on public offering (the “Offering”) of 20,750,000 Class A ordinary shares, par value US$0.0001 per share, at a public offering price of US$0.40 per share. Gross proceeds to the Company, before deducting placement ...
Stolt-Nielsen Limited Board Recommends Final Dividend for 2025 of $1 per Common Share
Globenewswire· 2026-02-26 14:14
LONDON, February 26, 2026 – Stolt-Nielsen Limited (Oslo Børs: SNI) announced today that the Company's Board of Directors recommended a final dividend for 2025 of $1.00 per Common Share, payable on May 6, 2026 to shareholders of record as of April 22, 2026. The shares will trade ex-dividend on and after April 21, 2026. The dividend, which is subject to shareholder approval, will be voted on at the Company's Annual General Meeting of Shareholders scheduled for April 16, 2026 in Bermuda. If approved, this will ...
Megan Holdings Limited Announces Pricing of $8.3 Million Follow-on Public Offering
Globenewswire· 2026-02-26 13:00
Malaysia, Kuala Lumpur, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Megan Holdings Limited (Nasdaq: MGN) (the “Company” or “Megan”), a Malaysia-based company principally engaged in the development, construction, and maintenance of aquaculture farms and related works, today announced the pricing of its follow-on offering (the “Offering”) of 20,750,000 Class A ordinary shares, par value US$0.0001 per share, at an offering price of US$0.40 per share. The Offering is being conducted on a reasonable best-efforts basis. D. ...
SalMar ASA (SALRY) Q4 2025 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2026-02-16 14:57
Core Insights - SalMar experienced a financially weak year in 2025, but operationally and biologically, it showed strong performance with several positive developments [1][2] Financial Performance - Key indicators are improving, with record high biomass at sea and lower cost levels [3] - Financial performance is expected to improve as operational metrics show positive trends [2] Operational Highlights - The company harvested fish at the end of Q4 and in January with superior grades not seen in the last decade [3] - Mortality rates continue to decline, indicating better fish health and management practices [3] - Greenhouse gas emissions are significantly decreasing, reflecting the company's commitment to sustainability [3] Employee Engagement - The dedication and effort of employees have been crucial in navigating a challenging year, contributing to the company's operational success [2]
Ecuadorean shrimp sales rebound in 2025, surpass oil exports-producers' association
Yahoo Finance· 2026-02-16 14:45
Core Insights - Ecuadorean shrimp exports reached a record $8.4 billion in 2025, marking a 20% year-on-year increase, driven by higher U.S. tariffs and consistent sector investment [1] - Shrimp has become Ecuador's top export, surpassing oil, which generated $7.18 billion in exports, a 19% decline from the previous year [5] Export Dynamics - The U.S. tariffs imposed on India, the largest shrimp supplier to the U.S., provided a competitive advantage for Ecuador, which faced lower tariffs [2] - China remains the largest market for Ecuadorian shrimp, accounting for approximately 48% of total output, while the U.S. market has grown to 22-23% due to investments in value-added products [3] Future Outlook - The industry aims to maintain export volumes and target a growth of around 5% in 2026, despite external uncertainties and aggressive competition [4]
宁海科技小院为长街蛏装上智慧引擎
Xin Hua Wang· 2026-02-15 02:08
Core Insights - The article highlights the successful integration of modern technology in the clam farming industry in Long Street, Ninghai County, leading to increased productivity and profitability for local farmers [1][2]. Group 1: Technological Advancements - The establishment of a "Technology Courtyard" in collaboration with Ningbo University has introduced advanced research directly into clam farming, significantly improving the quality of the clams [1]. - The "Technology Courtyard" employs a multi-faceted feeding system that combines natural and cultivated microalgae, enhancing the nutritional intake of the clams [2]. Group 2: Economic Impact - The implementation of smart upgrades across 1,500 acres of high-standard ponds has resulted in a growth rate increase and a survival rate improvement of over 20% for the clams [2]. - Approximately 120 local farmers have reported an annual income increase of over 15%, while the village collective has seen a revenue boost of more than 5% [2]. Group 3: Industry Significance - Long Street is recognized as the "Hometown of Clams" in China, with over 25,000 acres dedicated to clam farming and an annual production exceeding 7,000 tons, contributing nearly 500 million yuan to the local economy [2]. - The clam industry is crucial for the local economy, with one in ten residents' income closely tied to this sector [2].
AKVA group ASA: Q4 2025 financial reporting
Globenewswire· 2026-02-13 07:00
Core Insights - AKVA Group reported a strong quarterly revenue of NOK 1,113 million in Q4 2025, marking a 41% increase from NOK 792 million in Q4 2024 [1][3] - The company achieved a record high revenue in the Land Based segment of NOK 422 million, up 94% from NOK 217 million in Q4 2024 [1][5] - Total order intake for Q4 2025 was NOK 1,250 million, with a significant contribution from the Sea Based segment, which secured NOK 952 million in orders [1][4] Financial Performance - EBITDA for Q4 2025 increased to NOK 103 million from NOK 76 million in Q4 2024, reflecting improved profitability [2][3] - The EBITDA margin for the Sea Based segment was 8.2%, slightly down from 8.8% in the previous year, while the EBIT margin improved to 1.7% from 1.4% [3] - The Land Based segment's EBITDA rose to NOK 37 million from NOK 21 million, with an EBITDA margin of 8.8% [5] Order Backlog and Intake - The order backlog at the end of Q4 2025 was NOK 2,539 million, down from NOK 2,658 million a year earlier [11] - Order intake in the Digital segment was NOK 221 million, significantly higher than NOK 114 million in Q4 2024 [6] - The company reported a total order backlog of NOK 1,273 million in the Land Based segment, accounting for 50% of the total backlog [11] Regional Performance - Revenue in the Nordic region increased to NOK 409 million from NOK 344 million in Q4 2024 [4] - The Americas region saw revenue growth to NOK 169 million from NOK 146 million year-over-year [4] - Europe and the Middle East reported revenue of NOK 75 million, up from NOK 52 million in the same quarter last year [5] Cash Flow and Dividends - The company generated robust cash flow in Q4 2025, supported by a NOK 153 million net working capital release [2] - A dividend of NOK 1 per share was declared for the first half of 2026, following a similar dividend payment for the second half of 2025 [10] Future Outlook - AKVA Group anticipates continued strong momentum in deep farming concepts and plans to invest in improving solutions across all segments [12] - The company aims for a minimum revenue of NOK 5 billion and an EBIT margin of 9% by 2027 [12] Company Overview - AKVA Group is a technology and service partner to the aquaculture industry, employing 1,501 people and operating in 11 countries [13] - The company reported a total turnover of NOK 4.4 billion in 2025 and is recognized as a pioneer in the aquaculture technology sector [13]
A record fourth quarter ends a record year for Mowi
Globenewswire· 2026-02-11 05:30
Core Insights - Mowi achieved record-high revenues of EUR 1.59 billion in Q4 2025 and EUR 5.73 billion for the full year, with harvest volumes reaching 559,000 tonnes, marking an annual growth of 11.4% [1][3] - The company expects to continue its growth trajectory, projecting a harvest of 605,000 tonnes in 2026, which represents an annual growth of 8.3% compared to the industry's expected growth of 1% [5] Financial Performance - Operational EBIT for Q4 2025 was EUR 213 million, while the full year operational EBIT reached EUR 727 million, yielding a return on capital employed of 13.3% [3] - Mowi Consumer Products division reported operational EBIT of EUR 197 million with record-high volumes of 265,000 tonnes for the year [6] Cost Management - Farming costs decreased by EUR 197 million in 2025, with expectations for further reductions in 2026 [2] Market Dynamics - Salmon prices increased in Q4 2025 after a year of low prices due to a 12% growth in supply [3] - Global demand for salmon showed positive growth, particularly in Asia and America, with Mowi expanding its brand presence to 23 countries [7] Strategic Initiatives - Mowi entered a strategic partnership with Nutreco-owned Skretting for feed production, expected to yield at least EUR 55 million in annualized net cost savings [11] - The company aims to redefine the salmon category and increased branded volumes by 30% in 2025 [8] Future Outlook - Supply growth in the salmon industry is expected to normalize to around 1% in 2026, with Mowi anticipating a tighter market balance going forward [9]
SalMar – Strong operational performance with record‑high harvest volume and lower cost level
Globenewswire· 2026-02-10 05:30
Core Viewpoint - SalMar is entering 2026 with strong operational performance, record-high biomass, and a lower cost level, positioning the company well to meet market demand for salmon [5]. Group 1: Financial Performance - In 2025, SalMar harvested a record 300,900 tonnes of salmon, marking the first time the Group exceeded 300,000 tonnes in a single year [7]. - Operational EBIT for Norway in Q4 2025 was NOK 1,843 million, with a harvest volume of 80,300 tonnes and an operational EBIT per kg of NOK 23.0 [7]. - For the Group, operational EBIT in Q4 2025 was NOK 1,834 million, with a total harvest volume of 84,100 tonnes and an operational EBIT per kg of NOK 21.8 [7]. - The board of directors proposed a cash dividend of NOK 10.00 per share for the financial year 2025 [7]. Group 2: Market Outlook - SalMar anticipates low global supply growth in 2026 following high supply growth in 2025, alongside strong demand for its products [3]. - The company maintains its volume guidance for 2026 at 296,000 tonnes in Norway, Ocean, and Iceland, while reducing Scottish Sea Farms by 2,000 tonnes to 43,000 tonnes [4]. - The total expected volume for the Group, adjusted for SalMar's share of Scottish Sea Farms, is 318,000 tonnes, representing a 6% increase in harvested volume compared to 2025 [4]. Group 3: Operational Developments - SalMar has invested significantly in the value chain over the years to enhance biological performance, expecting to lower investment levels to NOK 1.1 billion in 2026, primarily for maintenance [2]. - The company has achieved the highest share of superior quality salmon in 10 years, which supports strong future performance [3][5]. - Continued strong operational and biological performance in Norway is noted, with lower costs in the value chain contributing to improved results [7].
珠海白蕉海鲈产业推新金融模式,破解养殖户融资难
Nan Fang Du Shi Bao· 2026-02-05 06:35
Core Viewpoint - The establishment of the "government-enterprise-bank-insurance-guarantee" integrated supply chain financial system for the Zhuhai Baijiao sea bass industry marks a significant breakthrough, addressing long-standing challenges such as financing difficulties and risk aversion among small-scale farmers, thereby injecting new momentum into the industry valued at over 100 billion yuan [1][3][5]. Group 1 - The Baijiao sea bass industry, recognized as a national geographical indication product, accounts for 60% of the national annual output, making it a key agricultural asset for Zhuhai [3]. - Small-scale farmers face high breeding costs, financing difficulties, and weak risk resistance, which the new financial system aims to alleviate [3][5]. - The system centers around the "Beautiful Fish Pond Loan," which includes a guaranteed purchase price agreement at 9 yuan per pound, stabilizing expected returns and reducing feed costs by approximately 10% through centralized procurement [3][5]. Group 2 - Zhuhai Rural Commercial Bank offers special loans up to 5 million yuan with a maximum term of three years at preferential interest rates, along with a green approval channel [5]. - Guangdong Financial Inclusive Guarantee provides "immediate loan guarantee" services to address the issue of insufficient collateral [5]. - The insurance component includes both aquaculture insurance and price index insurance, providing dual protection against natural disasters and market fluctuations, with the municipal finance covering 70% of the insurance premium for "Beautiful Fish Pond Loan" users [5]. Group 3 - The new model is seen as a key measure to address industry pain points, with government support aimed at optimizing policies and promoting technology to enhance the sea bass industry's value chain [5]. - The initiative aims to support over 500 farmers in expanding production and increasing income over the next three years, targeting a total industry output value exceeding 20 billion yuan [5]. - This signing marks the transition of the Baijiao sea bass industry into a 2.0 phase characterized by "government guidance, state-owned enterprise support, bank empowerment, guarantee enhancement, and insurance protection," providing a replicable financial service model for rural revitalization [5].