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