Business
OCE: Revenue up, but profit and margins down sharply on lower fish oil prices and higher costs
OCE: Revenue up, but profit and margins down sharply on lower fish oil prices and higher costs
About this update from Oceana Group Limited
Revenue grew 2.9% year-over-year, but operating profit and headline EPS fell sharply due to lower fish oil prices and higher costs. Lucky Star foods and African fishmeal segments performed well, while US fish oil margins declined.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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