# China Fishery, Pacific Andes fall on poor results

> Shares of China Fishery Group and Pacific Andes Resources Development fell after both reported weaker-than-expected quarterly results. China Fishery posted a fourth-quarter net loss of US$15 million, against a profit a year earlier, and DMG & Partners downgraded it to neutral. OCBC cited poor fleet and fishmeal performance and a Peruvian fishing quota cut for the coming season.

- Date: 2026-11-12 · published 2026-11-12T03:13:15.213Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/94857-china-fishery-pacific-andes-fall-on-poor-results
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A cut in Peru's fishing quota reduces fishmeal supply from one of the largest producers, which is supportive for fishmeal prices. The effect on the wider feed market is modest because the story is mainly about company earnings.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/china-fishery-pacific-andes-fall-poor-results

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