# Aquafeed.com |
   

   
    PERU - Exalmar increases profits by 420 pct in H1

> Pesquera Exalmar reported net income of USD 11.7 million for the first half of 2017, up sharply from a loss a year earlier. Sales rose 99% on higher capture and processing, while average fishmeal selling prices fell 6% versus the second 2016 season due to the larger 2.80 million tonne first-season quota.

- Date: 2017-08-03 · published 2017-08-03T12:00:00.000Z
- Category: report · region Peru · magnitude low
- Page: https://feedsoft.ai/events/69347-aquafeed-com-peru-exalmar-increases-profits-by-420-pct-in-h1
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The larger Peruvian quota and lower average fishmeal selling prices confirm ample fishmeal supply, which keeps downward pressure on fishmeal prices for feed buyers.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- aquafeed.com: https://www.aquafeed.com/newsroom/news/peru-exalmar-increases-profits-by-420-pct-in-h1/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.