Solution Dynamics lifts profit forecast; shares jump to a record

Tina Morrison
Wed, 16 Dec 2015

By Tina Morrison Dec. 17 (BusinessDesk) - Solution Dynamics, the NZAX-listed software company, raised its forecast for annual profit following better-than-expected trading. Its shares jumped to a record. The Auckland-based company expects net profit of more than $850,000 in the year ending June 30, 2016, ahead of its earlier forecast for profit of more than $700,000, it said in a statement. The shares surged 10 percent to an all-time high of $1.65. The company, which provides services such as database and print management, said stronge...

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