Employee benefit expenses increased 35%, I hope the majority of this was because they employed more staff, rather than increased existing wages. They need to increase their contract wins and bring in more revenue to justify these additional costs, the next 6-12 months will be telling.
Not sure of their strategy to release the announcement 5 minutes before closing, didn't give holders who were unsure time to absorb the data over the weekend.. I suspect some saw a loss on the balance sheet and sold in a panic, who knows.. might be the right decision in the short term.
