Australia's DXN at eight-month low on fall in quarterly revenue

Dxn

29/01/2026 02:24

** Shares of DXN DXN.AX fall as much as 7.3% to A$0.038, their lowest level since May 30, 2025

** Marks steepest intraday fall in a week

** Data centre manufacturer reports quarterly revenue of A$1.7 million ($1.19 million), lower than the A$4.8 million reported a year ago

** Attributes fall in revenue to customer-driven project deferrals

** About 3.4 million shares change hands, 9.9 times the 30-day avg

($1 = 1.4239 Australian dollars)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))