Sea Harvest expects 31% decline in profits hit by Viking buyout

SOUTH AFRICA - South African fishing company Sea Harvest expects interim basic earnings a share to decline by 31%, a slowdown attributed to the acquisition of rival Viking Fishing Holdings. For the six months ended June, basic earnings were expected to be between 46cents and 50c a share, a decrease of between 31% and 25%…

Sea Harvest fish and Quantum poultry firms lift profits

SOUTH AFRICA - Two white-meat producers have beefed up profits, with listed fishing group Sea Harvest and poultry producer Quantum issuing upbeat trading statements. The Sea Harvest group said the maiden financials, due for release in early March, would show basic headline earnings coming in at 99c-113c a share, an increase of 74%-98% compared with…