Harvest volume and sales decrease.
The Russian salmon farmer announced its unaudited operating results for 2020.
Revenue totaled EUR 91 million, down 5 per-cent from the year before. Sales volumes decreased by 9 per-cent.
The average selling price increased by 4 per-cent compared to 2019 to EUR 5.8/kg. Harvest volume decreased by 8 per-cent compared to 2019 and amounted to 15,500 tonnes.
Russian Aquaculture farms Atlantic salmon and sea trout in the Barents Sea (in the Murmansk region), and commercial farming of trout in the lakes of the Republic of Karelia. The total potential production volume for these 37 sites is around 50,000 tonnes.
“The main driver of the harvest volume and sales’ decrease was the shift of the fish slaughtering activity to 2021 due to slower fish growth to its marketable weight which occurred because of the abnormally low water temperatures in the first half of 2020,” wrote Russian Aquaculture.