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    Tuna, salmon business seen to drive Alliance Select profit

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    Date
    July 6, 2018
    Author
    Francia, Arra B.
    Metadata
    Show full item record
    Classification code
    BW20180706_S1/2
    Excerpt
    Alliance Select Foods International, Inc. (ASFII) is on track to post profits again this year, driven by the growth of its tuna and salmon businesses. In 2017, the listed international seafood firm made a profit for the first time since 2011, posting a net income of $1.6 million. This followed a 20% increase in revenues to $72.2 million for the year. By the end of the first quarter of 2018, the company has already recorded a net income of $1.22 million, significantly higher than the $90,295 it made in the same period in 2017. Revenues also went up 40.6% to $23.65 million.
    Citation
    Francia, Arra B. ( 2018, July 6-7). Tuna, salmon business seen to drive Alliance Select profit. BusinessWorld, p. S1/2.
    URI
    http://hdl.handle.net/20.500.12174/3896
    Associated content
    Online version
    Corporate Names
    Alliance Select Foods International, Inc. (ASFII)
    Personal Names
    See, Raymond K.H.
    Subject
    tuna fisheries salmon fisheries fisheries fishery economics Seafood
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    • BusinessWorld [834]

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