Finance

‘Resilient’ whitefish giant Sea Harvest hikes earnings 23% in first six months, despite 'difficult trading environment'

Strong demand and higher selling prices in all markets mitigated the 'significant' cost inflation the group experienced in the first half of the year.

“While local and international markets are firm and demand for our products remain strong, the trading environment remains challenging with consumers under pressure and cost increases not showing any signs of easing,” said Felix Ratheb, Sea Harvest CEO.
“While local and international markets are firm and demand for our products remain strong, the trading environment remains challenging with consumers under pressure and cost increases not showing any signs of easing,” said Felix Ratheb, Sea Harvest CEO.Photo: Sea Harvest
Sea HarvestSouth AfricaFelix RathebHakewhitefish
Published 6 September 2023, 05:01Updated 6 September 2023, 05:01