May 30, 2016 / 9:07 PM / a year ago

BRIEF-Divestco reports qtrly loss per share of $0.02

May 30 (Reuters) - Divestco Inc

* Divestco reports 2016 Q1 results

* Qtrly loss per share $0.02

* As a result of austerity measures implemented by company starting in Q1 2015, salaries have decreased by 48%

* “continue to receive bids for international opportunities and domestic markets are starting to show some positive signs”

* Qtrly FFO per share $0.01

* Qtrly revenue $3.1 million versus $9.4 million

* Measures are expected to remain in place for remainder of 2016 or until a material change in activity levels is realized Source text for Eikon: Further company coverage:

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