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Higher gaming platform use lifts DFNN earnings

Revenues of Philippine-listed game technology provider DFNN surged more than sixfold in the first nine months of the year on the back of a robust platform affiliates business segment. In a disclosure to the Philippine Stock Exchange last week, DFNN reported that its revenues climbed by as much as 616 percent to PHP848.5 million (US$16.7…

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DFNN nets P121M

Technology firm DFNN Inc. chalked up P121.3 million in nine-month net profit, surging from a meager P800,000 net profit in the same period last year, on the back of robust revenues from licensed gaming operations. Nine-month revenues soared by 616 percent year-on-year to P848.5 million, boosting its cash flow by 668.9 percent to P142.8 million.…

DFNN earnings surge on higher platform use

MANILA, Philippines — Earnings of publicly listed IT firm DFNN Inc. skyrocketed in the first nine months of this year as its platform affiliates continue to increase. In a statement, DFNN said its net income surged to P121.3 million, up 15,062 percent from just P0.8 million in the first three quarters of 2016. Revenues reach…