Fish exporters see pre-tax profits rise to €2.2m

One of the country’s largest fish exporters, Sean Ward (Fish Exports) Ltd increased pre-tax profits by 17% to €2.2m last year.

This follows revenues at the Killybegs-based firm increasing by 24% from €22.2m to €27.7m in the 12 months to the end of July 31 last. At the end of July last, the firm has accumulated profits of €15.1m.

The firm has been located in Killybegs for more than 20 years and specialises in the processing of pelagic fish: mackerel, herring, blue whiting and sprat with the company exporting to Europe, Africa, Russia and the Far East, including China.