Sea Harvest Group Limited

Johannesburg Stock Exchange SHG.JO

Sea Harvest Group Limited Gross Profit for the year ending December 31, 2023: USD 82.47 M

Sea Harvest Group Limited Gross Profit is USD 82.47 M for the year ending December 31, 2023, a 5.18% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Sea Harvest Group Limited Gross Profit for the year ending December 31, 2022 was USD 78.40 M, a -12.04% change year over year.
  • Sea Harvest Group Limited Gross Profit for the year ending December 31, 2021 was USD 89.13 M, a -11.09% change year over year.
  • Sea Harvest Group Limited Gross Profit for the year ending December 31, 2020 was USD 100.25 M, a 11.10% change year over year.
  • Sea Harvest Group Limited Gross Profit for the year ending December 31, 2019 was USD 90.23 M, a 43.15% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Johannesburg Stock Exchange: SHG.JO

Sea Harvest Group Limited

CEO Mr. Felix Ratheb B.Sc., M.B.A., MBA
IPO Date March 23, 2017
Location South Africa
Headquarters The Boulevard Office Park
Employees 5,270
Sector Industrials
Industries
Description

Sea Harvest Group Limited engages in the fishing and food business serving retail and foodservice customers in South Africa, Australia, Europe, and internationally. The company operates through four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods. The company is involved catching, processing, and marketing Cape Hake, Horse Mackerel, anchovies and pilchards, prawn, scallops, crabs, Spanish Mackerel, abalone, and oysters; and importing and exporting activities. It also engages in production, distribution, marketing, and sale of cheese, butter, and milk powders in retail and bulk forms to the South African retail, foodservice, and food producer markets. In addition, the company sources, manufactures, and markets fresh, chilled, and frozen convenience food products to the retail, foodservice, and catering industries. It operates a fleet of 36 vessels; and 15 vessels focused on deep-sea hake and Horse Mackerel, as well as six vessels in Mossel Bay catching hake, East Coast sole, pilchards, and anchovies; and three vessels from the Durban harbor focused on prawn catching. The company was formerly known as Sea Harvest Holdings Proprietary Limited and changed its name to Sea Harvest Group Limited in February 2017. Sea Harvest Group Limited was founded in 1964 and is based in Cape Town, South Africa.

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StockViz Staff

January 16, 2025

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