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Blue Star Foods Corp. Reports Second Quarter 2020 Financial Results

Written by Customer Service on . Posted in Public Companies.

Miami, Florida, Aug. 17, 2020 (GLOBE NEWSWIRE) — August 17th, 2020 – Blue Star Foods Corp. (OTC:BSFC), (“Blue Star”), a sustainable seafood company, announced last Wednesday, August 12th, its financial results for the quarter ended June 30th, 2020 (“Q2-2020”).Results of Operations – (Three months ended June 30, 2020 and 2019)Other Strategic & Operating Highlights (Three months ended June 30, 2020 and 2019)The Company’s Chairman and CEO, John Keeler stated, “While the last few months have been a difficult operating environment for the seafood industry, our focus remains the safety of our employees and being a stable and reliable partner to our suppliers and customers. Obviously, our revenues have been impacted by the uncertainty that many of our customers in the foodservice and cruise line industry face. We had the severe shutdown since late March, followed by a cautious return to normalcy in late May with limited service, take-out and curbside operations, followed by another wave of state-wide closings.” He further added. “We have taken some measures to cut costs where necessary and we believe we’ll emerge from this period stronger than ever.”
About Blue Star Foods Corp.
Blue Star Foods Corp. is a sustainable seafood company that processes, packages and sells refrigerated pasteurized Blue Crab meat, and other premium seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. Its products are currently sold in the United States, Mexico, Canada, the Caribbean, the United Kingdom, France, the Middle East, Singapore and Hong Kong. The company headquarters is in Miami, Florida (United States), and its corporate website is: http://www.bluestarfoods.com.Contacts
Constantino Gutierrez | Newbridge Securities Corporation
cgutierrez@newbridgesecurities.com | Office: (480) 207-1824

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