Fishing vessel employment agencies and fish processing

Welcome to Molajaya Samudera Crew Management

PT Molajaya Samudera Crew Management is a recruitment and placement company located in Jakarta and Bali, Indonesia.

We have been doing recruitment and placement of highly qualified and experienced Indonesian crew, fishing crew & seafood processor for working on fishing vessel and seafood processing plant in Asia, Australia and Europe for more than 26 years.

We are committed to meet our Principal’s expectation by continuously improve our Quality Management System in order to guarantee the quality and language skill of the crew, fishing crew & seafood processor that we supplied.

Pacific Andes reports profit growth with expansion in Peru

Ng Joo Siang, PARD’s Chairman and Executive Director. (Photo: FIS Stock)

Click on the flag for more information about Hong KongHONG KONG
Tuesday, November 25, 2014, 01:30 (GMT + 9)
Leading global frozen fish supplier Pacific Andes Resources Development Limited (PARD) recorded a year-on-year growth in gross profit amounting to 25.9 per cent and to 26.9 per cent in the EBITDA for its financial year ended 28 September, which the group relates to the expanded Peruvian fishmeal operations at its subsidiary, industrial fishing company China Fishery.
Besides, the Group’s net attributable profit rose to HKD 953 million (USD 122.8 million) for the analysed period, changing from HKD 748 million (USD 96.4 million) in the previous year (27.5 per cent).
“We are pleased to see such strong growth in both gross and net profit. As our business transforms into one with a focus on the production of fishmeal and fish oil, we are well placed to benefit from anticipated growth in global aquaculture which has been revised upwards by FAO from 2.54 per cent to 4.14 per cent per annum through 2022,” pointed out Ng Joo Siang, PARD’s Chairman and Executive Director.
The Group’s CEO also explained that their operating profit is benefiting from synergies and efficiencies as they integrate their expanded Peruvian fishmeal operations.
The Group also reported revenue from the fishery and fish supply division accounted for 60.6 per cent of total revenue, changing from HKD 4,329.1 million (USD 557.9 million) in the previous financial year to HKD 4,920.5 million (USD 634 million) this year.
This 13.7 per cent increase was mainly attributed to contribution from the enlarged Peruvian fishmeal operations, which was partially offset by the drop in sales from the Contract Supply Business following the termination and non-renewal of the Long Term Supply Agreements.
In addition, the revenue from the Frozen Fish SCM Division accounted for 39.4 per cent of total revenue, representing a 27.7 per cent drop from HKD 4,435 million (USD 571.5 million) to HKD 3,205.5 million (USD 413.1 million).
The Group is confident that despite a delayed start of the 2014 second fishing season and the reduction of the total allowable catch, global demand for fishmeal and fish oil for aquaculture and farmed animal production will be a key driver of future growth. 

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