SDI Limited (ASX: SDI) delivered a record half year net profit after tax in 1HFY20. Net profit after tax increased by 11.9% to $3.5 million, compared with $3.1 million for the same period last year. The results were driven by increase in sales and improvement in gross margins.
- Total sales were up by 4.1% in local currency;
- Aesthetics sales up 11.6% in local currencies;
- Whitening sales up 12.9% in local currencies;
- The company declared fully franked ordinary dividend of 1.35 cents.
At AEST 12:46PM, the stock was trading at $0.940 per share, up by 7.429% from its previous close.
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