trending Market Intelligence /marketintelligence/en/news-insights/trending/_w_L-Ld_D9_YgKzn2SXnOw2 content esgSubNav
In This List

Dantax fiscal-year profit falls YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Podcast

Next in Tech | Episode 65: The operations side of AI/ML


Dantax fiscal-year profit falls YOY

Dantax A/S said its normalized net income for the fiscal full year ended June 30 amounted to 2.99 Danish kroner per share, a decline of 58.4% from 7.17 kroner per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.0 million kroner, a decline of 51.6% from 2.1 million kroner in the prior-year period.

The normalized profit margin dropped to 1.8% from 3.2% in the year-earlier period.

Total revenue fell 13.0% year over year to 56.8 million kroner from 65.3 million kroner, and total operating expenses fell 10.3% from the prior-year period to 55.4 million kroner from 61.7 million kroner.

Reported net income declined 50.7% year over year to 1.3 million kroner, or 3.82 kroner per share, from 2.7 million kroner, or 9.00 kroner per share.

As of Oct. 4, US$1 was equivalent to 6.67 Danish kroner.