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.
- 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
Which stock gained the most attention in 2019? Find out in our exclusive report on the much talked about lithium stocks which gained the most investor attention amidst the volatile and high drama electric vehicle market.
Read about the shift in the Electric Vehicle market in 2020 and the consequent focus on Lithium in our report.
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Understand the performance of mining companies. The lithium mining companies managed to sail through the turbulent white gold market by limiting the production in correspondence with the demand from the offtake partners.
