Datacom reports 43 percent net profit lift, outpacing 10 percent gain in sales

Tue, 17 Sep 2013

Sept. 18 (BusinessDesk) – Privately held New Zealand information and technology leader Datacom Group is reporting it improved net profit after tax by 43 percent in the year to March 31, on a 10 percent lift in total revenues. After-tax profit of $36 million does not include any one-off surplus proceeds from the $25 million sale of the company’s Asian call centre operations during the year. Total revenues rose to $870 million, with New Zealand revenues up 11 percent to $417 million and its Australian and ongoing Asian operations turning over...

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