Challenger Technologies reports lower 2HFY2021 earnings but plans higher dividend payout

IT retailer Challenger Technologies has reported earnings of $8.4 million for 2HFY2021 ended Dec 2021, down 38% y-o-y. Revenue in the same period down 3$ y-o-y to $147.4 million.

For the full year FY2021, the company reported earnings of $17.8 million, down 24% y-o-y, or %5.5 million, as it did not enjoy the same quantum of government wage subsidies it had for the 2HFY2020 period.