Russian Aquaculture posted a net loss of RUB 1.34 billion (€18.3 million/$20.8 million) for the full financial year of 2015, widening its losses from the loss of RUB 407.1 million (€5.6 million/$6.3 million) reported in the previous year.

At the same time, the company reported a drop in its full-year revenue from RUB 1.52 billion (€20.8 million/$23.6 million) to RUB 864.8 million (€11.8 million/$13.4 million) year-on-year.

The company – one of the major salmon and trout farmers in Russia -- already reported a difficult first half of the year, after facing issues with sea lice.

This