The vertically integrated South African fishing company Premier Fishing and Brands said it had cautious optimism about the future even as coronavirus eats into its earnings and revenues in each sector.
The company hopes to more than double production at its abalone farm -- currently producing 120 metric tons annually -- to the region of 300-350t. Its "main strategic focus" is the Fishing Rights Application Process (FRAP) 2021 process, which the group continues to be well-positioned for, Premier Fishing wrote in its Q1 update [...]
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