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Slovenia's Datalab 9-mo cons net profit declines 40% y/y

May 30, 2024, 3:04:41 PMArticle by Radomir Ralev
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May 30 (SeeNews) - Slovenian software developer Datalab [LJE:DATG] recorded a consolidated net operating profit of 2.2 million euro ($2.4 million) in the first nine months of fiscal year 2023/24 which started on July 1, 2023, down 39.5% from 3.6 million euro in the like period of the previous year, it said on Thursday.

Slovenia's Datalab 9-mo cons net profit declines 40% y/y
Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic.

Consolidated revenue rose 3.1% to 8.8 million euro in the July 2023 - March 2024 period, the company said in a statement posted on the website of the Ljubljana bourse.

Total consolidated operating profit went down 26.8% to 1.8 million euro in the review period.

Datalab's shares last traded on May 16 on the Ljubljana Stock Exchange when they closed down 5.6% at 11.80 euro.

($ = 0.9243 euro)

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