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BUSINESSTODAY 6 January 2022

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Become a MeDirect customer, start trading and receive a cashback on the first €100 traded when investing €5,000 or more! €1.50 THURSDAY 6 JANUARY 2022 • ISSUE 136 WWW.BUSINESSTODAY.COM.MT PAGE 4 PAGE 3 PAUL COCKS MALTAPOST plc registered €37.9 mil- lion in turnover for the financial year ended 30 September 2021, an 11.3% in- crease over 2020, as all revenue streams improved over the previous financial year which was heavily impacted by major disruptions due to COVID-19. Postal revenues remained the pre- dominant source of income at 87% of the group's total revenues. e total revenue for the financial year ended 30 September 2021 also in- cluded €0.4 million in insurance com- mission following MaltaPost's diversi- fication strategy to operate within this sector through PostaInsure Agency Limited (formerly Untours Insurance Agents Limited). MaltaPost plc turnover up by 11.3% to €37.9 million in 2020 GO's PEACE project enters final phase STAR PERFORMER MSE FTSE 100 EUR EXCHANGE RATES Trading Date: 5 Jan 2022 Number of Trades: 45 Turnover: €793,221.65 MSE TRX Index: 7,985.550 (Change: -0.825%) Name 6% IHI PLC BNDS MT0000481227 - Currency € Last Traded 5 Jan, 2022 Price 103.000 Change 1.900 US Dollar 1.1337 British Pound: 0.83598 Japanese Yen: 131.28 Australian Dollar: 1.5606 Swiss Franc: 1.0374 7,519.99 0.020 7,529.97 / 7,484.28 Value Net variation High / Low +14.84 Company registered an operating profit of €2.48 million, 12.7% lower than the previous year's comparable figure THE PEACE project, an in- vestment by GO of €25 mil- lion in a third submarine cable which will directly connect Malta to France, Egypt, and beyond, is enter- ing its third and final phase. The project, announced last July, forms part of the global PEACE System (Pa- kistan East Afri-ca Con- necting Europe) project – a multi-million-euro connec- tivity effort which consists of a 15,000Km submarine cable emulating the old ori- ental silk route, connecting countries across the globe on its way from Asia to France.

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