Chilean salmon farmer Salmones Camanchaca reported a second quarter loss of $5.8 million (€4.9 million), blaming a 29 percent drop fish prices from a year earlier.
The company posted earnings before interest, taxes depreciation and amortization (EBITDA) of $4.7 million (€3.9 million) in the same three-month period last year.
Salmon producers suffered from a massive slump in demand from the foodservice sector as the COVID-19 pandemic and lockdown restrictions led consumers to stay home.
