COMPANY RESULTS: Brimstone says 2022 was horrific, but it’s managed to turn a profit and declare a dividend

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Interest rates, higher fuel costs, supply chain disruptions, rolling blackouts and a steep rise in international freight costs have dented profits over the past year.

representing a significant step in the execution of the group’s investment strategy of acquisitive growth in the international seafood space that focuses on businesses of scale in high-value seafood species.

“That party came to an end last year when Covid regulations were lifted during the year.” But as one door closes, another opens, because elective surgery caseloads have piled up. The South African Enterprise Development, an investment vehicle providing equity growth capital to small- and medium-sized enterprises, contributed R1.9-million.

Listed higher education group STADIO, which released a trading update on Monday, has reported positive growth in student numbers for the year, with 11% more first semester students as at 30 June 2022 and 8% second semester students as at 31 December 2022.

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