Ri Leng Group achieves a 15% profit increase in frozen fish exports to China.

During the reporting period, consolidated operating profit grew by approximately 15% year-on-year to 31.6 billion yen (approximately 20.63 million U.S. dollars), with revenue increasing by 7% to 111 billion yen (approximately 724.61 million U.S. dollars). The company disclosed that sales of Alaska frozen raw fish to the Chinese market were strong, becoming the main driver of performance recovery. Unlike previous growth cycles driven by high value-added processing businesses, this round of profit improvement was mainly due to the expansion of raw material trade volume. In the company's food business segment, the export of frozen raw fish from the processing stage in Alaska, USA, to China has significantly increased, effectively offsetting the impact of declining performance in traditional businesses such as fish paste products. Nichirei Group confirmed that all exported products are frozen raw fish from Alaska, mainly supplied to Chinese processing enterprises, rather than directly ...