Sea Harvests half-year revenues up 5% despite pandemic severely impacting aquaculture segment

SOUTH AFRICA- The Sea Harvest Group, a leading seafood and branded fast-moving consumer goods (FMCG) agri-business in South Africa, has posted strong half-year results despite headwinds experienced in its aquaculture segment.  According to a statement from the company, group revenue for the period increased 5% to R2.1 billion (US$140 million) with headline earnings surging 19% to R202 million (US$13.95 million). Earnings per share increased 27% to 77.7 cents per share.   Sea Harvest noted that its half-year results were driven by “consistent performances” from its South African fishing segment, the Cape Harvest…

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