I&J sees revenue drop in FY 2022

Cape Town, South Africa-based fishing company and frozen-food manufacturer Irvin and Johnson (I&J), an affiliate of AVI Group, has announced a 5.1 percent drop in overall revenue from its global operations to ZAR 2.47 billion (USD 142.5 million, EUR 141.8 million) for the year ending 30 June, 2022.

The drop comes on the back of lower fishing profits triggered by a strong South African rand affecting export sales, and lower sales volumes …

Photo courtesy of the AVI Group