JASCO has reinstated a dividend payment for the first time four years as it swings into a full-year profit. The electronics group on Monday declared a dividend of 2c per share in the year to June from the year-earlier period and net profit was R15.9m from a R82.84m loss Jasco completed its three-year turnaround programme in 2015, which resulted in the disposal of nonperforming assets, while others were merged with other businesses.

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