News Articles for KB Australia

Seafood group KB Australia has sold most of its local rock lobster pots for about $10.5 million, but remains a major player in the sector under lease deals.

KB Australia's revenue was down $77 million in the 2020 calendar year after a drop in sales, but the seafood company still managed to post a $1.6 million profit.

Hard work, a lean supply chain and premium quality help make WA lobster a popular delicacy in China.

Major WA agribusinesses plan new investments to create scale and efficiency, while smaller operators are cooperating to access new markets with niche products.

Seven of WA's most prominent agribusinesses have grown their revenue by about 30 per cent, with increased demand from Asia the main driver.

SPECIAL REPORT: Western Australia's five biggest agribusinesses are earning about $5.5 billion in revenue annually, according to the latest BNiQ Search Engine data, down from $5.8 billion when the list was last published 18 months ago.

SPECIAL REPORT: Private sales during the past year have reduced the already small number of long-running family businesses in WA.

The Kailis family has folded its Kailis Bros seafood business into a larger, newly-capitalised venture called KB Foods that will be 90 per cent owned by Hong Kong-listed conglomerate Legend Holdings. Click through to see the multiple WA businesses owned by members of the Kailis family in WA.