It seems these results are not meeting shareholder's approval with a sudden price drop of 10%!! To be fair, DTL has been on a strong Bull run lately, but 10% in one foul swoop, the market is certainly fickle. I'll be sticking with them for a while yet.
1H FY24 Highlights
• Gross Sales up 13.4% to $1.3 billion
• Statutory revenue up 11.1% to $450.1 million
• NPBT up 25.3% to $30.8 million
• NPAT up 25.5% to $21.4 million
• Basic EPS up 25.5% to 13.85 cents per share
• Interim fully franked dividend up 26% to 12.60 cents per share
• Strong balance sheet with no borrowings