Page 79 - Profile's Stock Exchange Handbook - 2021 issue 1
P. 79
ADvTECH Limited (“ADvTECH” or “the group”)
(Incorporated in the Republic of South Africa)
Registration number: 1990/001119/06
JSE code: ADH | ISIN number: ZAE 0000 31035
Income taxation number: 9550/190/71/5
ROBUST
RESILIENT
SUSTAINABLE
ADvTECH strategy prevails
Benefits from the Resilience and ADvTECH reaping Strong
restructuring, dedication of the rewards of past balance sheet
rationalisation and cost our employees strategic decisions – well and cash flow
savings measures supports a positive positioned to withstand ensures
implemented in prior years outcome the effects of COVID-19 sustainability
Retained our Rapid seamless
student numbers transition
in a disruptive to successful online
environment
delivery
2020 Cash preservation
measures further
Highlights strengthened the
balance sheet
Continuing
to build scale
in the rest
of Africa
PROSPECTS
• Prioritise cash preservation measures without
inhibiting any key operational activities
• Our online presence across education businesses
continues to be developed and strengthened on the
back of blended learning – allowing us to respond
to any risk of a second wave of COVID-19
Read more on our website • Marketing/sales online proving effective
www.advtech.co.za