Primeserv results better late than never
Company discloses an impressive performance after JSE warns it for late reporting
17 July 2022 - 16:37
Staffing solutions specialist Primeserv might have caused unnecessary anxiety among its shareholders by twice delaying its financial report for the year to end-March.
Companies that publish financial results after the JSE’s stipulated three-month reporting deadline tend to deliver bad news. But on Friday, Primeserv — scarcely seven hours after being warned by the JSE for late reporting — delivered an impressive set of results that showed bottom line up more than 50% at about 21c a share and a confident 240% hike in the final dividend to 6c a share...
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