Barramundi Group Ltd. · OSL:BARRA
Barramundi — Corporate Update (December 2024)
10 slides from Barramundi's corporate update, Dec 12, 2024
Slide 1: Business Update 1st Half 2024
Business Update 1st Half 2024 BARRAMUNDI GROUP LTD 12 Dec 2024
Slide 2: BG2.0 land-based RAS: Progress with Brunei Economic Development Board
BG2.0 land-based RAS: Progress with Brunei Economic Development Board (BEDB) on Mengsalut site master plan, sea-water intake design, and bioremediation strategy. FIRST HALF 2024 2
Slide 3: 1H 2024 Review - Brunei
1H 2024 Review - Brunei • Built on marketing efforts with Ben Foods Brunei, to increase the number of frozen SKUs in their freezer counters. • Commenced small-scale pilot exports. As biomass increases, these exports volumes will correspondingly increase. • Popular Sushi chain, Kaizen, and Airport re
Slide 4: 1H 2024 Review - Brunei
1H 2024 Review - Brunei 90,000 +113% 80,000 82T 70,000 • Secured SGD15m financing for expansion of sea operations 60,000 • Pelong Rocks operations have commenced with first stocking 50,000 • Improved process flows from nursery to sea (smaller stocking 40,000 size allows less risk in logistical movem
Slide 5: 1H 2024 Review - UVAXX
1H 2024 Review - UVAXX UVAXX Vaccine Technology • Joint research with Singapore's A*STAR (Agency for Science Technology and Research) concluded with promising epitope-based vaccine to tackle SDDV (Scale Drop Disease Virus) in barramundi. A*STAR and Uvaxx jointly own IP. • Second phase of project to
Slide 6: 1H 2024 Review - Fassler
1H 2024 Review - Fassler Challenging 2023 & 1H’24, where management navigated through high inflation and volatile raw material costs and erosion of some customers due to increasingly competitive landscape. Continued focus on R&D by culinary team to increase new high margin retail products yielded Sa
Slide 7: Outlook
Outlook Restructuring of company Resolution by 1H 25 More information will be provided closer to that time. Continued Focus on Strengthening Brunei Operations Management will continue to augment operational capacity in 2025 with 5 more net pens. 3 additional stockings into Pelong Rocks in 2025 to le
Slide 8: Barramundi Group
barramundi group
Slide 9: Appendix: Consolidated Profit and Loss – 1H 2024
Appendix: Consolidated Profit and Loss – 1H 2024 1H 2024 1H 2023 1H 2023 Unaudited Unaudited Adjusted* (In SGD thousands) ($'000) ($'000) ($'000) Revenue $7,267 $15,867 $9,316 Raw materials and consumables ($5,401) ($11,028) ($6,881) Farm personnel expenses ($1,555) ($3,870) ($1,861) Fish mortalitie
Slide 10: Appendix: Definitions
Appendix: Definitions Alternative performance measures Barramundi Group Ltd discloses alternative performance measures as a supplement to the financial statements prepared in accordance with IFRS. Such performance measures are commonly used by analysts, investors and other stakeholders to evaluate t