Dfnn, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 17, 2021 at 12:39 am
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DFNN, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced operating loss was PHP 30.713 million compared to PHP 71.336 million a year ago. Net loss was PHP 35.252 million compared to PHP 64.499 million a year ago. Basic loss per share from continuing operations was PHP 0.109 compared to PHP 0.199 a year ago. For the half year, operating loss was PHP 58.840 million compared to PHP 89.521 million a year ago. Net loss was PHP 63.250 million compared to PHP 83.492 million a year ago. Basic loss per share from continuing operations was PHP 0.195 compared to PHP 0.257 a year ago.
DFNN, Inc. is a Philippines-based information technology (IT) solutions provider and systems integrator. The Company is engaged in the provision of information technology services to financial institutions and gaming companies. The Company also develops, operates, and maintains Web-based and wireless applications for major corporate customers with strength in solutions for financial institutions and gaming companies and provides proprietary order routing software technology and Web-advertising services to stock brokerage firms. The Company is focused on financial transactions, software/middleware development, IT support services, secure platform development and turnkey implementation. Through its subsidiaries and affiliates, the Company also possesses licenses for electronic gaming machines (EGMs), a sports betting exchange, and digital and pari-mutuel games with the Philippine Amusement and Gaming Corporation (PAGCOR).