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According to a trading statement released on the
The lower performance stems from a comparability disadvantage.
According to the update, the main reason for the above decrease was that the comparative period's financial results were for a period of 16 months, while the current reporting period spans 12 months.
The 2020 financial year was longer because the company changed its group's year-end from February to June.
The average number of shares on issue at
Paratus made a profit of N$25,4 million over the 16-month period.
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