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Murray Cod Australia Sees Strong Growth and Sales
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Murray Cod Australia Sees Strong Growth and Sales

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

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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.

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