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itX group reports 25% profit boost for 1H10

itX group reports 25% profit boost for 1H10

IT distribution company itX Group (ASX:ITX) has raised its 1H profit 25.5% to $3.56 million, in a result the company has attributed to strong order intake, revenues and cost control measures.

Revenue grew 20.9% to $81.7 million. Of this, sales revenue was $57.9 million, while service revenue was $9.35 million.

Earnings per share increased to 7.1 cents from 5.7 cents.

ITX shares are trading unchanged at $1.200.

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