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South Africa – Adcorp Holdings full year revenue down 9.3% as pandemic hits performance

South Africa – Adcorp Holdings full year revenue down 9.3% as pandemic hits performance 01 June 2021 South Africa-based workforce management solutions group Adcorp Holdings Ltd. (ADR: JSE) reported revenue for the year ended 28 February 2021 from continuing operations decreased by 9.3% to ZAR 11.7 billion (USD 850.6 million). CEO John Wentzel said, “Despite a challenging year, the group is in a stronger position than a year ago with significantly lower debt, improved earnings and empo...
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