26 Nov 2012

SeaDragon announces reduced loss

2:10 pm on 26 November 2012

Listed firm SeaDragon lost $212,000 in the six months to September, an improvement of 7% compared with the same period a year ago.

SeaDragon produces refined fish oil ingredients within Australasia, and plans to increase production to meet demand, especially from North America, Northern Asia and Europe.

Revenue fell by three-quarters to $7 million after selling New Zealand Nature in the previous period.