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DXN Ltd. ( (AU:DXN) ) just unveiled an update.
DXN Limited has secured a $0.6 million contract with BwebwerikiNET Limited, a state-owned enterprise in the Republic of Kiribati, to improve internet connectivity in Micronesia. This project involves designing and installing a Colocation Module and Office Module, enhancing the Southern Cross NEXT Submarine Cable Landing Station’s infrastructure. The contract boosts DXN’s project wins for FY25 to approximately $1.8 million, reinforcing its market leadership in the Pacific Islands. The initiative underlines DXN’s ability to provide tailored, reliable solutions, potentially leading to further opportunities amid growing interest from customers.
More about DXN Ltd.
DXN Limited is a vertically integrated manufacturer and operator of modular data centres in the Asia Pacific region. The company specializes in designing, engineering, manufacturing, maintaining, and operating data centres. DXN serves major government and blue-chip enterprise customers, operating through two core divisions: the Modular Division, which handles design and deployment of EDGE facilities and critical DC infrastructure, and the Data Centre Operations division, responsible for operating, maintaining, and marketing data centres.
YTD Price Performance: -1.75%
Average Trading Volume: 331,624
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$15.75M
Find detailed analytics on DXN stock on TipRanks’ Stock Analysis page.
