Recently-listed Barramundi Group suffers hefty first-half loss despite surge in sales

Singapore-based Barramundi Group, which recently listed on the Euronext Growth Exchange in Oslo, reported a loss of more than SGD 6 million (€3.8 million/$4.4 million) for the first half of the year, despite witnessing a surge in revenues and demand that outstripped its supply in its key markets.

This compares with a loss of SGD 432,083 (€272,809/$318,266) in the same period a year ago.

The group reported SGD 17.1 million (€10.8 million/$12.6 million) in revenue for the first half of the year, an 18.2