Blue Island Plc Reports Unaudited Consolidated Interim Management Statement for the Period from July 1, 2015 to September 30, 2015 and January 1, 2015 to September 30, 2015; Provides Profit Guidance for the Year 2015
November 05, 2015 at 02:03 pm EST
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Blue Island Plc reported unaudited consolidated interim management statement for the period from July 1, 2015 to September 30, 2015 and January 1, 2015 to September 30, 2015. Total consolidated sales during the period above were EUR 4,143,632 compared to EUR 4,116,008 during the respective 2014 period.
Total consolidated sales during the period from January 1, 2015 to September 30, 2015 were EUR 13,532,252 compared to EUR 11,782,626 during the respective 2014 period.
Profitability of the company for the whole 2015, is anticipated to be positive.
Blue Island Plc is a Cyprus-based company engaged in the breeding and trading of fish. Its activities include fry breeding, through its subsidiary, Blue Fisheries Ltd; Mediterranean type fish-farming; tuna and swordfish fishing, through its subsidiary, Niras Trawlers Ltd; fish processing, namely fish fillets, fish burgers, smoked fish and marinated fish, and trade of products, which are either produced by the Company or which are imported and is done both through the Companyâs retail shops, as well as through wholesale distribution. The Company has three production facilities: the Hatchery Unit, which specializes in fry breeding and is located in the Akrotiri area in Limassol; the Open-Sea Fish Farming Unit, which specializes in fish breeding in open sea cages and is located at the Governors coastal area in Limassol, and the Fish Processing Unit, which processes, packages and distributes both fresh and frozen fish and is located in Strovolos, Nicosia.
Blue Island Plc Reports Unaudited Consolidated Interim Management Statement for the Period from July 1, 2015 to September 30, 2015 and January 1, 2015 to September 30, 2015; Provides Profit Guidance for the Year 2015