gold stocks postpage LB desk

Dicker Data Stock Surges ~8% After Revealing Strong 1H Profit Growth

  • July 02, 2020 12:16 PM AEST
  • Team Kalkine

An information technology company, Dicker Data Limited (ASX:DDR) provided an update on the first half 2020 revenue and anticipated profit for the half-year ended 30 June 2020.

non AMP MTF 10th feb webinar

  • DDR mentioned that more than A$1 billion revenue achieved for 1H20, that represents a rise of 18.3% over the same period last year.
  • Net profit before tax is projected to finalise at nearly A$40 million for 1H20, up by 25% on pcp.
  • June is another record revenue month with revenue finalising at circa A$224 million.

On 2 July 2020, DDR quoted at A$7.550 up by 7.857% at AEST 12:07 PM.

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK