Austral Group authorizes credit and mortgage on the Ilo plant with Banco Itaú

In its last session, the Board of Directors Australian Group approve a line of credit with the Itau bank. Likewise, the fishing which is part of the Norwegian group Austevoll Seafood ASA agreed to establish a mortgage on their business center located in Iloin favor of the said banking entity.

The aforementioned line of credit has a fixed amount of up to US$5,000,000, with a term of up to one year.

Company directory He also gave special powers to Adriana Carmen Giudice Alva and Andrew Michael Dark Vincent, so that they can negotiate, agree and / or sign the terms and conditions of the documents related to the line of credit with Banco Itaú and the underlying mortgage.

In contrast, approve the separate interim financial statements and the Management Report according to the second quarter of 2024. In addition, authorized to amend articles 6, 10, 18 and 20 of the Rules of the General Meeting of Shareholderswith the purpose of reflecting in these rules the change of the statutes reported with an important event dated March 29, 2023, referring to the possibility of holding non-face-to-face meetings.

Finally, the aforementioned example Australia the agreed the creation of the Cybersecurity Committee, its work plan and cybersecurity risk matrixto reinforce controls and procedures to prevent, detect and respond to cybersecurity attacks.

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Increase net profit

In the first half of 2024, flower production fish from Australian Group reached 50,645 metric tons (MT), while the oil was 7,719 MT, therefore higher than the results of the same period of the previous year (10,278 MT and 399 MT, respectively).

In that way, sales volume for the first half of 2024 it was 34,633 MT of flour and 1,725 ​​MT of oil, also above 2023 (27,670 MT and 887 MT, respectively). Therefore, the total profit of the flour and oil industry We reached S / 145.1 million (S / -52.5 million in the same period of 2023), representing an increase of 376%, mainly due to the greater availability of raw material in the first fishing season in the central north of the compared to the previous year.

In contrast, the gross profit of the direct human consumption industry As of June 30, 2024, it was S / -6.7 million (S / 21.4 million in the same period of 2023), representing a decrease of S / 28 million, due to a lower amount of own capture for the freezing process .

In summary, the net income reported by Australia from June 30, 2024 to S / 48 million (S / -50.8 million for the same period in 2023), mainly due to more raw material available in the first fishing season in the central north.

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