(BUSINESS WIRE) -- Tecnotree, a global digital platform and services leader for 5G and cloud-native technology, announced its second quarter and half-year results for 2023, demonstrating steady growth in revenue and profitability. The company has shown strong performance with net sales for the review period 10.2% higher as compared to last year, the growth primarily driven by the Middle East Region and North America.
Consolidated highlights of the results of the Second Quarter and Half Year 2023:
Half year (January-June 2023)
Net sales increased 10.2% to EUR 34.8 million
Operating results increased 37.3% to EUR 9.8 million
The net result increased by 11.1% to EUR 5.5 million
Earnings per share were EUR 0.02
Order book at the end of the period stood at EUR 68.4 million
Padma Ravichander, CEO Tecnotree Corporation, said, “As we reach the halfway mark for the year 2023, I am pleased to share Tecnotree’s consist
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