RE: 800k market cap30 Jun 2023 16:19
The Board is, however, encouraged that the profitability of the business in recent months has been in line with the Board's expectations. The positive impact on the profitability of the Group of the implemented cost reduction measures is now becoming increasingly evident in its financial performance. In the first four months of the current financial year, the Group's fixed cost base has been reduced by 9% year-on-year, with this saving expected to increase as additional cost reduction actions take effect.