Frozen seafood processor expecting sales rebound after tough year

Like so many other seafood firms, Lotus Seafood was hindered by high inventories, low prices and reduced consumer spending in 2023.

"This year the situation is improving significantly," Lotus Seafood CEO Nick Ovchinnikov said.
"This year the situation is improving significantly," Lotus Seafood CEO Nick Ovchinnikov said.Photo: Lotus Seafood
Published 5 April 2024, 19:53Updated 13 April 2024, 18:20