Australia's Data#3 climbs most in nearly 2 years on profit forecast

Data#3

18/01/2022 04:25

** Shares of IT services provider Data#3 Ltd  DTL.AX  jump
as much as 14.3% to A$6.64, heading for their best session since
March 24, 2020
    ** Says consolidated net profit before tax (NPBT) for H1
FY22 expected to be "slightly ahead" of the top end of the
previous A$15 mln to A$18 mln ($10.78 mln to $12.94 mln)
guidance range  urn:newsml:reuters.com:*:nASX7dYqFZ 
    ** 1H FY22 NPBT and earnings per share expected to be about
30% higher than in 1H FY21 
    ** About 767,000 shares have changed hands, compared with
the 30-day average of about 206,000 shares 
    ** Stock hits highest level since Oct. 27, 2020
    ** DTL has lost 1.2% so far this year, as of last close 

($1 = 1.3914 Australian dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))