Jasco says Spescom integration, restructuring starting to bear fruit
Created on Monday, 06 February 2012 16:56 Published on Monday, 06 February 2012 16:56
The benefits of JSE-listed Jasco’s successful integration with information and communication technology firm Spescom, its restructuring and the improved contribution from the group’s investment in cable manufacturer M-Tec have started to flow through, CEO Pete da Silva said Monday. The company reported 75% profit growth in the six months ended December 31, rising to R11.88-million, from R6.79-million a year earlier.
