First half NPBT estimated to be approximately $8.0 million, an increase of around 30%
BRISBANE, Friday 20 January 2017: Australian business technology solutions leader Data#3 Limited (ASX: DTL) has advised that, subject to confirmation of the Discovery Technology result (62% owned by Data#3) and the Data#3 group half year audit, the consolidated net profit before tax (NPBT) for the first half of the 2017 financial year (1H FY17) is estimated to be approximately $8.0 million, representing growth of approximately 30% compared to 1H FY16’s NPBT of $6.1 million.
This is consistent with the first half projection provided at the AGM in November 2016, being NPBT in the range of $7.0 to $8.5 million.
The consolidated net profit after tax excluding non-controlling interests, and earnings per share, are also expected to increase by approximately 30% compared to 1H FY16.
These pre-audit estimates represent solid performance by the core Data#3 business, strong growth in services, and a modest profit contribution from Discovery Technology.
The board intends to announce the audited interim results and the interim dividend on 22 February 2017.
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