Programmed Maintenance Services Ltd
(ASX:PRG), has released its first-half results ending 30 September 2016.
The labour hire, maintenance and facility management company has returned to profit after it acquired the ‘Skilled’ labour hire business last year.
The company’s group revenue was $1.3 billion, which is up 88% compared to the same period last year.
As for its statutory profit, that was $3.7 million – which is a significant improvement over its result the year before – which was a statutory loss of $18.7 million.
The company will pay an interim dividend of 3.5 cents per share fully franked.
