DTL 1.60% $7.40 data#3 limited

Ann: DTL to deliver strong FY22 performance, page-2

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  1. 25 Posts.
    lightbulb Created with Sketch. 26

    Just had a quick look at these results.
    2H21 profit before tax was $3mill less due to sales that couldn't be delivered and so presumably 1H22 has been inflated by these assuming they got done in the next half.
    2H22 was $6 mill less due to sales that couldn't be delivered.
    If I do a quick back of the envelope adjustment to profit before tax then the results are remarkably consistent .
    The profit split between halves if all profit had been earnt when it should have, is pretty much the same in each year and the profit increase is approx. 17.5% increase over the last two years.
    Nice predictable results except for Covid issues getting in the way.

    https://hotcopper.com.au/data/attachments/4504/4504550-cb160f0505d39aa4f74e5f4b8ba9ca3c.jpg
 
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