Salmon division of AquaChile recorded profits in Q1 2014

Christian Pérez According to the company, the reasons for this positive outcome are: increased production of Atlantic salmon with higher prices, which were partially offset by decreased physical sales of both trout and Coho salmon. Itemized by specie, AquaChile recorded an EBIT pre fair value adjustment of US$ 1.28 per Kg WFE of Atlantic salmon; of US$ 1.47 per Kg WFE of Rainbow trout; and of US$ 0,51 per Kg WFE of Coho salmon. Likewise, the company sold 13,132 tonnes WFE of Atlantic salmon in the first quarter of 2014, 6,261 tonnes WFE of Rainbow trout and 11,382 tonnes WFE of Coho salmon. These figures represent a 111 percent increase in the sales of Atlantic salmon compared to the first quarter of 2013, a 44 percent decrease in Rainbow trout and a 3 percent decrease in Coho salmon. The group Empresas AquaChile posted profits of US$ 11.14 million in Q1 2014.