Blue Island Plc Announces Unaudited Consolidated Interim Management Statement Results for the Third Quarter and Nine Months Ended September 30, 2013; Provides Consolidated Sales Guidance for the Full Year of 2013
November 13, 2013 at 07:02 pm
Share
Blue Island Plc announced unaudited consolidated interim management statement results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total consolidated sales of EUR 3,459,149 compared to EUR 3,542,765 during the respective 2012 period.
For the period, the company reported total consolidated sales of EUR 10,684,247 compared to EUR 11,513,232 during the respective 2012 period.
The company provided consolidated sales guidance for the full year of 2013. For the year, the company expects consolidated sales for the entire 2013 compared to the consolidated sales of 2012 will be approximately 6% less.
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 Announces Unaudited Consolidated Interim Management Statement Results for the Third Quarter and Nine Months Ended September 30, 2013; Provides Consolidated Sales Guidance for the Full Year of 2013