Atlantic Sapphire H1 2026 net loss narrows 14.26% to USD 30.91 million; revenue rises 22.91% to USD 26.48 million
Reuters2026/08/31 15:53- Atlantic Sapphire posted a net loss of USD 30.91 million, narrowing from USD 36.05 million a year earlier.
- Revenue rose 22.91% to USD 26.48 million, driven by 14% higher harvest volumes and improved price achievement.
- Operating loss narrowed to USD 23.55 million from USD 34.04 million, as harvest volume climbed to 2,842 tons.
- Average sales price increased to USD 9.32/kg from USD 8.67/kg, while standing biomass rose to 3,592 tons from 3,235 tons.
- Coral HoldCo’s tender offer lifted ownership to 68.73%, with an investor group targeting full ownership, delisting, bridge-loan conversion, and a USD 26 million equity raise.
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