Ayo swings into loss but proceeds with final dividend

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Technology group reports R221m headline loss from profit of R27.6m previously

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Ayo Technology Solutions, the listed technology company in which businessman Iqbal Survé has an interest, has proceeded with a R103m final payout for its year to end-August, even though it swung into a loss.

The group declared a 30c final dividend for its 2021 year, from 65c previously, but it total dividend amounted to 95c, from 100c...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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