tiprankstipranks
Murray Cod Australia Sees Strong Growth and Sales
Company Announcements

Murray Cod Australia Sees Strong Growth and Sales

Murray Cod Australia Limited (AU:MCA) has released an update.

Don't Miss Our Christmas Offers:

Murray Cod Australia Ltd reports a robust June 2024 quarter with sales tonnage up by 10%, average weight per fish sold increasing by 20%, and significant growth in the Southeast Asia market, including a 126% increase in sales to Singapore and an 800% increase to Hong Kong. Domestically, the company sees stable sales of smaller fish and a cautious approach to expanding in domestic supermarkets, focusing instead on the growing demand for larger, premium-priced fish in international markets.

For further insights into AU:MCA stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App