Ocean Grown sold 24.3 tonnes of its abalone in just the past six months.
That’s 161 per cent more than the same period last year, leading to a 222 per cent in sales revenue to $1.34 million. Total revenue was $1.5 million.
Losses for the half widened to $1.6 million compared to a loss of $1.2 million in the same period last year.
Ocean Grown (ASX:OGA), which recently joined the local bourse, reported increases across the board in harvests and biomass.