Jayride revenue dip

NEt revenue for airport transport company Jayride dropped by 77% to $759,000 for the 12 months to 30 Jun when compared to the previous year.

However, the company has managed to recover across most key metrics during the latest reporting period, including posting a resurgent net profit after tax result of $7.08 million, a 37% jump on the $4.487 million recorded last year, while costs were also reduced by 23%.