Sea Harvest takes R361m knock on higher input costs, loadshedding

JSE-listed vertically integrated seafood company Sea Harvest has described 2022 as one of the most challenging financial years in the last decade, pointing out that the year was marked by unprecedented input cost increases and 10% lower available volumes. The group nonetheless managed contain its headline earnings decreasing beyond 33% and to grow its revenue by 27% year-on-year to R5.9-billion for the year ended December 31.

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