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Data3 Expects to Report Another Record Full Year Result

19 Jul 2021  |  08:34:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: DTL expects to report another record full year result

Data3 advised that its expected unaudited consolidated net profit before tax for the 2021 financial year (FY 2021) is $36.8m, an increase of 8% on the prior year (FY2020 $34.1m). The FY 2021 result was impacted by increased product delivery delays in the second half, related to the global computer chip shortage being experienced across the industry. These supply constraints have coincided with the spike in demand for devices traditionally experienced during the fourth quarter, resulting in a larger than usual product backorder at year-end.

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