Sea Harvest Group Ltd 2024 IR
The report details Sea Harvest Group Limited's performance and value-creation story for the fiscal year ended December 31, 2024, marking its 60th anniversary. Despite facing significant challenges such as historically low hake catch rates, weak abalone market conditions, and high interest rates, the company achieved a 16% increase in revenue to R7.2 billion, largely driven by the strategic acquisition of Terrasan's pelagic and abalone businesses. The group also maintained its Level 1 B-BBEE contributor status and continued its commitment to sustainability, with its hake and prawn fisheries retaining Marine Stewardship Council (MSC) certification.
Company: Sea Harvest Group Ltd
Sector: Agriculture, forestry & fishing
Country: South Africa
Year: 2024
Type: IR
Pages: 176
Sea Harvest Group Ltd
The report details Sea Harvest Group Limited's performance and value-creation story for the fiscal year ended December 31, 2024, marking its 60th anniversary. Despite facing significant challenges such as historically low hake catch rates, weak abalone market conditions, and high interest rates, the company achieved a 16% increase in revenue to R7.2 billion, largely driven by the strategic acquisition of Terrasan's pelagic and abalone businesses. The group also maintained its Level 1 B-BBEE contributor status and continued its commitment to sustainability, with its hake and prawn fisheries retaining Marine Stewardship Council (MSC) certification.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees