We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Sea Harvest Group, the deep-sea fishing and aquaculture group, delivered a modest profit increase in its 2020 fiscal year, proving its resilience in the face of the Covid-19 pandemic, which disrupted global supply chains and curbed access to the lucrative Far East market.

The Cape Town-based company said profit for the year to end-December 2020 rose 1% from the previous year to R397.85m while headline earnings climbed 3% to R420.9m, according to a Monday stock exchange filing. Revenue rose 10% to R4.38bn in the fiscal year thanks to solid performances from Sea Harvest’s SA fishing business, its Cape Harvest food unit as well as the group’s Australian operations...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now