CSG Holdings Limited announced consolidated earnings results for the year ended March 31, 2020. Revenue from continuing operations decreased by 12% from ZAR 1.99 billion in the prior corresponding period to ZAR 1.75 billion. The basic loss per share improved to a loss of 15.52 cents per share, compared to a loss of 28.61 cents per share reported for the prior year, mainly as a result of the recognition of a smaller impairment of goodwill in 2020 relating to the Covid-19 pandemic, in comparison to the impairment of ZAR 200 million recorded in the prior year relating to the poor performance of the Security and Risk Solution division. Headline earnings per share deteriorated from 4.99 cents per share to a loss of 8.69 cents per share due to weaker performance across all three divisions, worsened by the poor performance of 7Arrows and Revert Risk Management in the Security and Risk Solutions division and the accounting of additional future credit losses resulting from the COVID-19 pandemic.