Indonesia’s largest shrimp producer CP Prima had another difficult year in 2015, posting an overall loss for the year of IDR 1.2 trillion (€79.7 million/$90.5 million) increasing on its loss of IDR 390 billion (€25.9 million/$29.4 million) in 2014, according to its latest financial results.
In addition, as of Dec. 31, 2015, CP Prima reported accumulated losses of nearly IDR 3.5 trillion (€232.6 million/$263.9 million).
As a consequence, the company’s independent auditors -- Purwantono, Sungkoro & Surja -- state in the report that these conditions “indicate the existence of a material uncertainty that may cast significant doubt about the company and its subsidiaries' ability to continue as going concerns.”
The
