“We have no reason to believe this will change in the foreseeable future,” the statement said.
“It is taking longer than anticipated to finalise our financial results due to extenuating circumstances related to the once-in-a-generation transition to the new sydney Fish Market. We are finalising the accounts with the appropriate level of due diligence, and these will be lodged this quarter.”
The statement said the company and its technology partner had mutually agreed to end their collaboration on SFMBlue, and the trading pause was an opportunity to engage with customers and stakeholders.
“Presently, our priority remains on ensuring a seamless transition to the new, iconic Sydney Fish Market facility on Blackwattle Bay.”
Fish sold at auction from the Sydney Fish Market are given picking slips before being wheeled into refrigerated trucks and taken to restaurants, fishmongers and grocery stores.Credit: Kate Geraghty
The financial crisis engulfing Sydney Fish Market comes five years into the construction of a new market that has already cost the government at least $836 million, and is set to be handed to the company on a 40-year lease for peppercorn rent.
It will also house 27 new subtenants paying market rent directly to…
