Last Updated on Friday, 29 April, 2022 at 1:37 pm by Andre Camilleri
- Net Profit for the financial year of € 2,120,718, a 71.30 % increase over the € 1,238,041 registered in 2020
- Revenue of € 31,159,505, a 26.65% increase on 2020
- A Gross Profit margin of 33% versus 2020’s 29%
- Net Cash generated from operating activities of € 3,836,259, an increase of 58% on 2020
Chief Executive Officer Alexander Fenech said, “Our year end results exceeded expectations, reflecting a strong operational performance as the Group benefitted from Malta’s gradual post-Covid return to normality. Credit goes to the Group’s management team, and our super-star frontliners and back-office crew for their unwavering commitment to serve our customers notwithstanding the difficult circumstances created by the pandemic.”