Pacific Andes Holdings Limited (PAH) notched sales of HK$ 7.0 billion (€577 million/$897 million) in the year ending March 31 -- a rise of 32.3 percent over last year.
Nevertheless, heavier finance charges tamped profits for the year down 12 percent to HK$ 825 million (€68 million/$106 million).
The Singapore-listed company said rising global demand for seafood -- particularly in China and other corners of Asia -- are blowing strong winds into its sails.
PAH, involved in industrial fishing, global sourcing and ocean transportation, drew 55 percent of its revenue from frozen fish sales -- particularly within China.
