tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Datapulse Technology Reports Strong Revenue Growth

Datapulse Technology Reports Strong Revenue Growth

Datapulse Technology Limited (DE:DTPA) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Datapulse Technology Limited has reported a significant turnaround in its financial performance for the first half of fiscal year 2024, with revenues soaring by 87% to $3.4 million and a profit of $0.3 million, a stark contrast to the previous year’s loss. The improvement comes as a result of increased hotel occupancy and higher room rates following the easing of travel restrictions. The company is focusing on further growth and meeting the SGX-ST’s financial exit criteria from the Watch-list.

For further insights into DE:DTPA stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1