This is a pretty disappointing result. Cost of HOG/kg can't just be blamed on Covid. Their main competitor in Aus grown Atlantic Salmon did not see a revenue drop anywhere near this. Harvesting over 25,000T and only 4.9M NPAT?
I was looking to enter at some stage this year, but I'd stay away until they get their shit together. Compare TGR and HUO - it's clear which one is more friendly to investors.
Good luck to holders.
HUO Price at posting:
$3.09 Sentiment: Sell Disclosure: Not Held
