JSE-listed Adapt IT this week reported a “shining” performance for the year ended June 30, as increases were achieved across the board.
The specialised software solutions and services company posted a 36% increase in headline earnings a share to 57.54c in the 2016 financial year.
Turnover for the period under review jumped 38% to R796-million, while operating profit surged 58% to R136-million.
Revenue increased from R578-million in 2015 to R803-million in 2016.
“The strong performance can be attributed to various factors, including the implementation of a strategy focused on sustainable growth and diversification,” said Adapt IT CEO Sbu Shabalala.
Adapt IT declared a dividend of 13.40c a share for the year under review.