SAP New Zealand's sales for the year ended December 2008 grew nearly 20 percent over 2007, up from $47 million to $56.2 million.
According to accounts lodged with the Companies Office this month, SAP New Zealand's gross profit grew from $14.6 million to $18.8 million. Net profit before tax rose from $6 million to $9.4 million.
After tax profit was $6.5 million.
An SAP representative was not immediately available for comment.