Knutsford Express (KEX) Q1 profits surge 55%

-       KEX reported a profit of $88Mn (EPS:$0.18) for the first quarter ended August 31, 2018, relative to $56Mn (EPS:$0.12) a year earlier.

-       Revenue grew by 23.5% over the period which was the primary driver for the performance. 

-       The company attributes its growth in sales to improvement in accessibility and throughput times at its call centre operations and its digitization efforts which has increased access to its services.

 

Source: JSE, KEX Financial Report