Business

DFNN Announces 4Q FY2015 Guidance

Taguig—(PHStocks)—DFNN Inc. (PSE: DFNN) is providing the following guidance for its fiscal 2015, fourth quarter ended 31 December  2015:

– consolidated revenue between Php 70 million and Php 80 million; and,

– EBITDA between PhP50 million and PhP60 million.

These forecasts show a notable increase from the same period in 2014 where DFNN recorded consolidated revenues of PhP27.75 million and loss of PhP47.41 million. These exhibit increases of about 152% to 188% with respect to consolidated revenues and an increase of about 205% to 226% for EBITDA.

The robust performance is attributable to the increase in the company’s gaming and gaming-related services.

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