DiData also blamed strategic low margin technology transactions in New York and a higher contribution from the Express Data distribution business in Australia for its lower gross margins.
DiData issues profits warning
UK based network and iCommerce services Group Dimension Data has warned that it will not hit its annual profit margin targets. The company blamed the recent performance of its Singapore listed subsidiary, Datacraft Asia. DiData now expects to achieve a gross profit margin of 21% instead of 22.1%.
