Fishing group Oceana, which has consumer brands giant Tiger Brands and empowerment group Brimstone as anchor shareholders, netted an encouraging first-profit catch from its recent acquisition in the US. Oceana’s year to end-September results released yesterday showed fishmeal and fish oil specialist Daybrook Fisheries chipped in revenues of R574 million and operating profit of R180 million. Dirk van Vlaanderen comments.
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