Chilean salmon farmer Salmones Camanchaca reported steep losses in the second quarter, largely from mass mortalities caused by harmful algal blooms at several of the group's farms.
Camanchaca reported a $10.6 million (€9 million) EBITDA loss in the second quarter, double the losses in the same period in 2020.
Operating revenue for the company amounted to $51 million (€43.6 million) during the quarter, which is 2 percent ahead compared with the second quarter last year.
The algal blooms, which took place in the Renihue and Comau fjords in the Los Lagos region, contributed to $3.1
