23rd April 2024 Liquidations / NZCS
Subscribe now to enjoy unlimited access to Food Ticker, New Zealand’s new food and beverage industry trade daily. Thank you for visiting Food Ticker. Click here for our subscription packages. We MORE »
ASX-listed New Zealand Coastal Seafoods’ shares remain suspended from quotation – a standstill first implemented at the end of last year.
New Zealand Coastal Seafoods has completed a restructure of its Christchurch seafood processing facility, to make it solely focused on toll processing for third parties.
New Zealand Coastal Seafoods’s 100%-owned subsidiary Nine Ocean Fisheries has secured a debt facility with the National Australia Bank for the aggregate sum of A$1.9m.
New Zealand Coastal Seafoods is turning its focus to ramping up its Australian activity after ticking off a number of milestones in the June quarter.
NZCS has received a $2.5m purchase order from a leading distributor for consumer products in China, Gold Saint International Resources Group.
New Zealand Coastal Seafoods has extended its existing supply contract with Victorian distributor, Aquadev, trading as Matchless Food, for a further 12 months.
New Zealand Coastal Seafoods has completed the acquisition of Australian seafood fishing and wholesale export business, Nine Ocean, via a share purchase deal.
New Zealand Coastal Seafoods says sales for the three months to December 2022 rose to $1.24m, up 58% on the same period a year earlier.
New Zealand Coastal Seafoods has reported current first half-year sales between July and November 2022 of $2.08m.
Subscribe now to enjoy unlimited access to Food Ticker, New Zealand’s new food and beverage industry trade daily. Thank you for visiting Food Ticker. Click here for our subscription packages. We MORE »
New Zealand Coastal Seafoods generated cash receipts of just over $1m during the third quarter to the end of September 2022, up from around $240,000 in the June 2022 period, and an increase of 7.6% on the previous corresponding period.
New Zealand Coastal Seafoods has signed a memorandum of understanding with an Asia Pacific healthcare product distributor, Ingredients Plus.
Christchurch-based NZCS says it is a “unique opportunity” to establish an Australian base.
New Zealand Coast Seafoods has reported a loss after tax of A$4.55m for the year to June 2022, an increase of 27.5% from the A$3.56m loss it reported last year.
The Christchurch company says it has successfully commercialised a new collagen powder in a potential game-changing achievement for the business.
The seafood supplement specialist has booked a strong start to the year with revenue jumping 242% from the same quarter in 2021.
New Zealand Coastal Seafoods Limited is raising $1.5m from new and existing shareholders.
Seafood producer New Zealand Coastal Seafoods has narrowed its half-yearly loss in the six months to December 2021 to $1.5m, compared with the previous $1.7m loss.
But the company says it is seeing benefits from a renewed focus on the domestic market and a sales drive overseas.
New Zealand Coastal Seafoods says a surge in quarterly revenue can be attributed to the appointment of former Bidfood general manager Peter Fletcher to chief of sales.
© 2024 Business Media Network Ltd
Website by Webstudio