ASX-listed Dicker Data (ASX:DDR), is expecting net profit to reach between $5.9 and $6.3 million for the 2011 financial year ending June 30.
This result will be subject to extraordinary items and potential year-end audit adjustments.
At the same time last year, it achieved $4.5 million in net profit.
Sales revenue for FY11 is expected to range between $360 -$370 million, up from $287 million on the previous year.
Profit before tax from operations is estimated to reach $8.5 - $9 million, up from $6.5 million.
More details on the distributor’s financial performance will be released to the market in August.
In March, Dicker recorded $48.9 million in sales for the month. At the time, CEO, David Dicker, attributed the record result to an increase in its Toshiba business, increase in focus and hiring more staff.
