Harvest Technology p.l.c. to distribute interim net dividend as Interim Financial Statements to 30 June 2020 approved

Last Updated on Tuesday, 4 August, 2020 at 8:56 am by Andre Camilleri

Harvest Technology p.l.c., the IT, security and electronic payments group, has announced that its board of directors has resolved to distribute an interim net dividend of €546,785 (subject to rounding), equivalent to €0.024 per share (having a nominal value of €0.50 per share).

Since its listing on the Malta Stock Exchange on January 6, 2020, Harvest Technology p.l.c. already paid a further net dividend for financial year ended 31 December 2019 amounting to €410,165 (€0.018 per share) on 15 May 2020.

Harvest Technology p.l.c’s results continue to exceed the projections of the IPO’s prospectus.

On July 28, 2020, Harvest Technology p.l.c. approved its first interim financial statements for the six-month period ended June 30, 2020. The Board of Directors noted with satisfaction that the unaudited consolidated net profit before tax of the Company and its subsidiaries during this first six months of this year amounted to €1,864,967, an improvement of 21% over the Group’s budget projection.

The Harvest Technology Group comprises IT solutions provider PTL Limited, automation and security company APCO Limited, and payment solutions specialist APCO Systems Limited. The group’s portfolio of businesses delivers impactful, intuitive solutions to customers operating in sectors like banking, aviation, pharmaceuticals, fuel, and state agencies in Malta, and internationally online gaming and retail.

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