Murray Cod Australia gains momentum

Murray Cod Australia (ASX:MCA) has reported notable progress in its September 2024 Quarterly Activities Report. The company achieved a 12% increase in customer receipts compared to last year. Additionally, the average weight of harvested fish grew by 17% to 1.49kg. MCA is on track for biomass growth, with developments expected to accelerate over the summer months.

Murray Cod Australia's strategic outlook

Murray Cod Australia (ASX:MCA) is making strides in operational and market development, as highlighted in its September 2024 quarterly report. The company is enhancing its biomass growth strategy, with an emphasis on cultivating larger fish to capitalize on export opportunities in Asia and North America. Construction at the Stanbridge site is on schedule, expected to be completed by March 2025, which will further support the company's growth ambitions. Additionally, the company is exploring strategic investments to expand its market presence both domestically and internationally. The successful harvest of Aquna GoldTM Caviar, recognized for its quality, aligns with MCA's commitment to producing premium products. Moving forward, MCA aims to bolster its market share while maintaining quality and sustainability as core pillars of its business strategy.

Executive insights on Murray Cod's progress

The company is focusing on building the biomass of larger fish to enhance product availability and meet growing export demand in Asia and North America.