After suffering from major losses over previous financial years, Clean Seas Seafood is nearing a return to profit following a boost in sales.
Last year, Clean Seas posted a $32 million loss, compared to the $14.45 million dollar loss in 2019-2020, but have recorded positive cash flows of 5.5 million in the last financial year.
The South Australian company reached sales of over 66 million dollars in the 12 months to June 30th, a 64 percent increase from the $40 million in sales the company achieved during the 2019-2020 financial year.
Clean Seas operates a kingfish sea farm at Fitzgerald Bay just outside Whyalla.
Photo: By Clean Seas