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.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags softwarehardwarefinancial resultsitX Group

More about ItX Group

Show Comments