Iceland Seafood International (ISI), fresh off of investments into two overseas seafood groups, saw earnings tumble 55 percent in the third quarter, despite sales picking up to the same level as last year as COVID-19 related lockdowns eased.
The company posted an operating profit of just under €1.4 million ($1.7 million) compared with a profit of €3 million ($3.5 million) in the same quarter last year.
Sales for the quarter, however, were on a par with the same quarter last year at €95.7
