Salmon tax costs Leroy Seafood $160 million, but revenue, profit climb in the second quarter

The second quarter was impacted by price inflation on seafood products and the fallout from a challenging situation in the farming segment in the second half of 2022.

“As well as both the obvious short- and long-term negative consequences the decision will have for the industry's development, it must be pointed out that the resource rent tax regime places an excessive administrative burden on the industry,” said Leroy Seafood CEO Henning Beltestad.
“As well as both the obvious short- and long-term negative consequences the decision will have for the industry's development, it must be pointed out that the resource rent tax regime places an excessive administrative burden on the industry,” said Leroy Seafood CEO Henning Beltestad.Photo: Leroy
Published 23 August 2023, 09:19Updated 23 August 2023, 12:51
Leroy Seafood GroupHenning BeltestadFarmed salmonwhitefishGroundfish