Solution Dynamics Limited (SDL) has revised its FY2023 net profit after tax guidance from $3.0 million to $3.4 million, based on provisional, unaudited management figures.
The Company also finished FY2023 with a closing cash balance of $6.6 million, and will report its full year result on 24 August.
SDL's largest customer has indicated it intends to issue a request for proposal (RFP) tender for the communications programmes that SDL supplies, which provides a very material contribution to the Company's financial results.
A further update will be provided when the RFP tender is received.
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