Dicker Data (ASX:DDR) has made a market update on its performance for the first half of the year 2023.

The company reported a revenue of $1.596 million, representing a 9.4% increase from the previous year.

Despite a drop in demand for personal computing devices, Dicker Data utilized the rising interest in networking and storage products, software business, and surveillance to its advantage.

Gross profit for the first half of 2023 was up significantly to 9.4%, with EBITDA at $71 million (a 16.4% increase), and pre-tax profits at $54 million (an 8% increase).