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Datatec profits tank
Datatec has published its audited financial results for the year ended 29 February 2024, revealing a slight increase in revenue and a significant drop in net profit.
The company's revenue grew 6.1% from $5.14 billion (R94.88 billion) to $5.46 billion (R101.43 billion). However, its net profit declined by approximately 41%.
Datatec has published its audited financial results for the year ended 29 February 2024, revealing a slight increase in revenue and a significant drop in net profit.
The company's revenue grew 6.1% from $5.14 billion (R94.88 billion) to $5.46 billion (R101.43 billion). However, its net profit declined by approximately 41%.