How Powerspeed (Electrosales) makes money: FY 2022

Powerspeed is a ZSE-listed company that counts Electrosales and Industrial Electric as its subsidiaries.

Powerspeed structure

Powerspeed Operating Expenses

The biggest expense is the cost of materials, followed closely by other expenses and Employee benefits expenses. Industrial Electric’s manufacturing accounts for the “cost of material” expense.

Staff Costs

Salaries and wages consist of just over 97% of staff costs, the remainder is made up of social security costs and other post-retirement benefits.

Staff Compensation

The Powerspeed group’s full-time staff is just under 39% of all employees with a greater portion made up of part-time employees.

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