Norbert Sporns, company Chairman and CEO said expansion of its aquaculture products processing plant and continued construction of a feed mill has boosted productivity. And the major certification of its tilapia enterprise from the ACC in December 2007,also broadens its potential for new customers.
"We continue to develop new markets for our branded aquaculture products, targeting major retail and food service chains throughout the world. Our Marine-bio products are increasingly popular in China and other parts of Asia," he added.
HQS' sales in the fourth quarter of 2007 were $17.7 million, an increase of 46.0 per cent year-over-year from $12.1 million in the fourth quarter of 2006. This increase was mostly due to increased sales of branded tilapia products to retail and food service chains.
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