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The country’s third-largest tech exporter’s revenue fell just 1% in FY24.
Greg Davidson, Group CEO, Datacom.
Despite “difficult economic conditions” in the local market, Datacom Group reported an annual net profit after tax of $34 million, up from a loss of $2 million the previous year.
The company said revenue for the year to the end of March 2024 would fall just 1% to $1.47 billion, while pre-tax profit would be $1.47 billion.
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