DFNN profit jumps 513% on robust commission fees

Net income of Philippine-listed game technology provider DFNN Inc. grew five-fold in 2017 on the back of strong commission fees and improvement in service income. In a disclosure to the Philippine Stock Exchange, DFNN reported net income of PHP144.77 million (US$2.79 million) last year—a 513 percent leap from the PhP23.61 million ($454,964) posted in 2016.…

DFNN income jumped sixfolds in 2017

DFNN Inc., a firm that operates gambling kiosks and supplies software solutions to other firms, said its net income jumped six folds last year as a result of more deployment of gaming machines. The company said its profits rose P144.77 million for the entire 2017, up from a mere P23.61 million it eked out in…

DFNN reports five-fold increase in profit in 2017

Philippine technology firm DFNN Inc on Wednesday reported consolidated revenue of P961.9 million for the full-year 2017, an increase of 270 percent year-on-year. The company also disclosed a net income of P144.8 million, up more than five-fold from P23.6 million recorded the year before. DFNN said the boost in revenues was largely due to a…