Royal Greenland is exploring ways to reduce its dependence on its staple stocks in Greenland, while also working on getting closer to both the consumer and the raw material, its CEO said.

In early May the seafood producer unveiled a 492 percent increase in its first half profit -- it starts its financial year in September -- to DKK 71 million (€9.5 million/$12.5 million).

The performance confirms the seafood supplier is on the right path to “making sure that our survival will never be threatened,” Royal Greenland’s CEO Mikael Thinghuus said.

 “We’re