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Takeover suitors circle salmon farmer Huon

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Takeover suitors are circling Huon Aquaculture Group as it reels from a big drop in earnings and asset write downs.

The salmon farmer reported a half-year statutory loss of $95.3 million on Friday, down from a net profit after tax of $22 million at the same time last year.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/agriculture/takeover-suitors-circle-salmon-farmer-huon-20210226-p576a8