Inquirer
MANILA, Philippines – International seafood supplier Alliance Select Foods International Inc. narrowed its net loss in 2025 to $1.8 million from $3 million a year earlier. The seafood firm said on Tuesday it posted higher revenues, but margins remained under pressure from rising costs and an unfavorable product mix. READ: why-philippine-fisheries-keep-losing-45-million-kilos-of-fish-a-year Gross profit fell to $5.9 million from $8.04 million due to higher raw material, labor and overhead expenses, alongside added interest costs. Revenue grew 7.9 percent to $78.1 million, marking the firm’s third straight year of top-line expansion. Exports benefited from new markets and products, although frozen loin volumes […]... Keep on reading: Alliance Select trims 2025 losses to $1.8M
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