China's largest tilapia producer and processor Baiyang Industry Investment Group was hit hard by swine flu and investment costs in 2019, reporting a 9 percent fall in operating income to CNY 2.8 billion (€361.2 million/$400.4 million).

Poor performance from its feed business, reliant on the Chinese pork industry, led to a huge crash in operating profits, plumetting to a loss of CNY 373.4 million (€48.2