Inter-Active Entertainment Solutions Technologies Inc (IEST), DFNN’s wholly-owned subsidiary, recently concluded their “Wheels and Fortune” mid year raffle promo featuring P4-million worth of prizes last August 30, 2018. The raffle promo ran from May 15 to August 15, 2018. It featured grand and minor prizes including three (3) units of Toyota Wigo and up to…
Increased depreciation and amortization expenses have pulled down Philippine-listed game technology provider DFNN Inc.’s net income by 14.6 percent in the first half of 2018. In a disclosure to the Philippine Stock Exchange, DFNN reported net income of PHP86.9 million (US$1.63 million) in the first six months of 2018, down from PHP101.8 million ($1.9 million)…
DFNN said its H1 revenue gained 11.5 percent, with gains noted across all of its business sectors, in particular license sales. Total revenue was P621.0 million ($11.6 million), up from P556.9 million earned in the same period last year. EBITDA gained 11.9 percent to P129.7 million. The highest growth came from the sale of licenses,…
The stocks of Energy Development Corporation (PSE:EDC) and DFNN, Inc (PSE:DFNN) led last week’s Philippine Stock Exchange (PSE) gainers, with 39.24 percent and 20.51 percent gains, respectively, according to latest market data. EDC, the large st producer of geothermal energy in the Philippines and the second-largest in the world, saw its stock last trading…
Technological advances in the past few decades have significantly increased the competitive nature of the economic business world. Companies have used software, computers and the internet to transform their businesses from local to global market competitors. Many companies have responded to these changes by automating their business processes and capturing industry-related information and using it…