Low catch rates in SA drain Sea Harvest’s first-half earnings
However, it saw strong demand in all markets and channels, resulting in firm pricing
28 July 2024 - 14:06
Fishing group Sea Harvest expects to report lower first-half earnings after its SA fishing business was challenged by continued low catch rates, resulting in lower sales volumes.
The group said in a statement on Friday that it expected its basic headline earnings per share (HEPS) for the six months ended June to be 33%-38% lower at 47.6c-51.5c compared with a year ago...
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