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The record amount of cash on public company balance sheets currently earns nada, nothing in terms of interest income.
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On February 2 the company reported its 20th consecutive year of comparable store sales growth, record revenue and operating income since becoming a public company in April of 1993.
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In between, Premier enjoyed an incredible run: After going public in 1960, the Cleveland-based company posted record earnings in 34 out of 36 years, all by delivering superior customer service.
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Traditionally, to entice institutional investors a newly-public business would have to sell shares at about a 15% discount to publicly-traded peers, compensating their new owners for the greater risk inherent in a company with an unproven track record on the public market.
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Mr Robinson also said the SIB had "played a key role" in helping to raise infrastructure investment to record levels in Northern Ireland and that the company had to look outside the public sector for "scarce skills".
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In April, Zhejiang executives will tour the U.S. and Singapore as well as the continent, talking up the company's track record as one of the mainland's top-performing public companies to stock analysts and money managers.
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