Specialist recruitment, training, and outsourcing company Workforce Holdings published its interim results for the six months ended June 2022, showing a 21% increase in revenue to R1.9 million.
The listed group pointed to ‘good growth’ from staffing and outsourcing and healthcare and a solid contribution from the training and education investment cluster. It said that the financial services cluster is showing signs of improvement, having been particularly hard-hit by the Covid pandemic.
“The blue-collar and temporary employment services businesses have landed significant projects in the oil and gas and mining sectors. Given solid expertise across the cluster, it will continue to focus on these sectors in support of technical placements, accelerated by rising commodity pricing.” “Thankfully the decline of acute infections from Covid-19 has alleviated pressure on hospitals. Elective procedures and surgeries have returned, requiring the services of specialised nursing staff and doctors at pre-Covid-19 levels.”of skilled doctors and nurses, particularly in the public sector.
It said it remains cautious in respect of the remaining six months of the 2022 financial year as financial results will depend on the impact of the broader global economic factors.
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