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HPE scores BOM novated supercomputer contract extension

HPE scores BOM novated supercomputer contract extension
arnnet.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arnnet.com.au Daily Mail and Mail on Sunday newspapers.

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HPE Australia reveals net profit leap in 2020

HPE Australia reveals net profit leap in 2020
HPE Australia reveals net profit leap in 2020
Despite the profit rise, revenue from contracts with customers was down.
Credit: HPE
Hewlett Packard Enterprise (HPE) saw its consolidated net profit in Australia jump to $21.8 million for its financial year ending 31 October 2020, up from $1.5 million in 2019.
The net profit figure, outlined in the latest annual financials lodged with the Australian corporate regulator by Hewlett-Packard Australia Pty. Ltd. the entity behind HPE in Australia and a subsidiary of Hewlett-Packard South Pacific included $5.9 million tax expense, up from $4.4 million in the previous year.
However, total revenue took a hit, dropping from $750 million to $665 million in the Australian market, with customer contract revenue falling from $740 million in the previous year to $659 million in 2020. ....

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