Sanford cans dividend as profits plunge
Wildcatch and harvest tonnage pushed to inventory as Covid-19 hits demand.
Fishing company Sanford has cancelled its final dividend to preserve liquidity after a profit plunge caused by the Covid-19 pandemic.
Reporting its results for the year to September, Sanford said its net profit was down 46% at $22.4 million compared with a year earlier.
The slump, signalled
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