800 Super Full Year shows Profit surge
800 Super Holdings Limited announced its full year results. Full year revenue was up 18% year-on-year to $115 million while full year PAT was up 57% year-on-year to $9.1 million. The results were attributed to increase award of new contracts and contracts re-awarded at revised prices. The results were also achieved despite tighter competition and rising worker costs. Going forward, 800 Super will continue to compete on the basis of the quality of its service, timeliness of its delivery, past track record and pricing. It is also focused on being a comprehensive environmental solutions provider.
GET TO THE POINT : Despite the competitive environment, 800 Super is delivering growth. It would be interesting to understand their competitive advantage.
(Picture from 800 Super Holdings Limited)
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