UK-based seafood processor, Nolan Seafoods, reported a “significant improvement in trading performance” during its latest financial year ended March 31, 2020 as it managed to cut losses by 80 percent and create "a solid base on which to build.”

The group posted an operating loss of £163,082 (€180,201/$212,028) for the year, significantly reduced from the loss of £848,697 (€937,785/$1.1