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Data#3 Limited Reports Increased Profitability Despite Revenue Dip

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Data#3 Limited Reports Increased Profitability Despite Revenue Dip

Confident Investing Starts Here:

An announcement from Data#3 Limited. ( (AU:DTL) ) is now available.

Data#3 Limited reported a slight decrease in revenue from ordinary activities by 1.9% to $397.85 million for the half year ending December 2024. However, the company achieved a 4.3% increase in net profit attributable to members, reaching $22.35 million, indicating improved profitability. Notably, gross sales and other revenue rose by 7.4% to $1.42 billion, suggesting strong operational performance. Additionally, the interim dividend increased to 13.10 cents per share, reflecting the company’s positive financial momentum.

More about Data#3 Limited.

Data#3 Limited operates in the technology industry, focusing on providing IT solutions and services. The company specializes in delivering a comprehensive range of technology solutions including software licensing, cloud services, and IT infrastructure to various markets.

YTD Price Performance: 14.87%

Average Trading Volume: 477,653

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$1.14B

For an in-depth examination of DTL stock, go to TipRanks’ Stock Analysis page.

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