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DMX TECHNOLOGIES GROUP LIMITED

Media Release

DMX’s 2Q09 Revenue Grows 22.6% yoy to


US$48.8 million on higher contribution across all
business segments; Profit After Tax Up 11.4%
• 2Q09 PAT up 11.4% yoy to US$1.9 million; or up 122.4%
sequentially from 1Q09

• Dip in 2Q09 gross margin to 22.33% vs. 25.62% in preceding


1Q09 in line with blended revenue mix arising from several
one-off infrastructure solution projects

• Trade receivables improved to US$125.2 million at end-2Q09,


or US$1.0 million lower than at end-1Q09

• Operating activities generated net cash of US$5.6 million


compared to US$1.0 million in 1Q09 and US$1.9 million in
2Q08

• Strong balance sheet / financial position: total bank


balances of US$20.2m vs. total borrowings of US$9.1 million
at end 2Q09

• Outlook: another profitable year in FY2009

Singapore, 13 August 2009 – SGX Mainboard-listed leading digital media services


and application solutions provider, DMX Technologies Group Limited (“DMX” or
the “Group”; SGX: 5CH.SI) today announced that group revenue for the second
quarter ended 30 June 2009 (“2Q09”) rose 22.6% to US$48.8 million from US$39.8
million in 2Q08 on increased revenue contributions from all business segments.

The Group’s core business strategy continues to pay off amidst continuing impact from
the global credit crunch and uncertain economic conditions. Primary growth engine,
Digital Media group delivered a strong 43.7% yoy jump in revenue to US$17.4 million,
reflecting the increasing deployment of its digital media solution and multi-media
software. Concurrently, revenue from infrastructure enabling group grew by 13.3% to
US$31.4 million; addressing 5 quarters of negative growth.

The Group capitalised on several one-off infrastructure solution projects in Indonesia


that were hardware-based and margins-competitive. This lifted revenue and earnings;
but reduced gross margins. Reflecting the above temporary change in revenue mix, the
Group’s blended gross margin in 2Q09 was lower at 22.33%, compared to 25.62% in

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DMX TECHNOLOGIES GROUP LIMITED

preceding 1Q09 and 26.56% in 2Q08. The Group’s gross profit rose by a modest 3% to
$10.9 million.

Geographically, China continued to be the largest revenue contributor in 2Q09 at 71.6%


or US$34.9 million (2Q08: 69.5% or US$27.7 million).

The Group continued to exercise control over operating expenses in 2Q09. Total
operating expenses decreased by a net US$0.2 million to US$5.5 million. A US$0.3
million increase in foreign exchange gain coupled with US$0.1 million decrease in
general administrative expenses offset the US$0.3 million increase in depreciation
expenses. Other operating expenses, e.g. amortization of intangible assets, were
maintained at US$3.0 million.

In light of the above, the Group’s profit after tax increased 11.4% to US$1.9 million in
2Q09 from US$1.7 million in 2Q08. This represents a sequential growth of 122.4% from
1Q09’s US$0.9 million.

Commenting on DMX’s performance, CEO, Ms. Jismyl Teo, “We are pleased to have
achieved a delicate balance in managing our business through an economically
challenging half year. In the last quarter, we made a few marginal sacrifices in gross
margins; but continue to protect our net profitability. We have also improved our cash
flow from operating activities through better collections and management of payables.”

As at 30 June 09, trade receivables improved to US$125.2 million; US$1.0 million lower
than 31 Mar 09. The Group also generated US$5.6 million in cash from operating
activities compared to US$1.0 million in 1Q09 and US$1.9 million in 2Q08.

“The good news is that there are indications of a return to stability after the drastic
economic downturn over the last few quarters. Telecom operators and enterprises are
now more willing to resume capex spending. Most importantly, confidence has been
restored within our core China market, based on its strong 7.9% estimate of GDP growth
for 2Q09 underpinned by the Chinese government’s stimulus package with an emphasis
on infrastructure building,” added Ms. Teo.

“Going forward, we will continue to build on the opportunities we see in the Digital Media
market and capitalise on higher value-add solution and services within the Infrastructure
Enabling group,” concluded Ms. Teo.

Barring unforeseen circumstances, the Group expects another profitable year.

### End ##

This press release is to be read in conjunction with the Company’s exchange filing of 2Q09
results announcement, which can be downloaded from www.sgx.com via listed company
announcements.

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DMX TECHNOLOGIES GROUP LIMITED

Media & Investor Relations Contact Info:


WeR1 Consultants Pte Ltd DMX Technologies Group
29 Scotts Road 10 Hoe Chiang Road
Singapore 228224 #16-03 Keppel Towers
Tel: (65) 6737 4844 Singapore 089315
Fax: (65) 6737 4944 Tel: (65) 6536 9923 ext 899
Mona Leong, monaleong@wer1.net Fax: (65) 658 7566
Reshma Jain, reshma@wer1.net John Leung, johnleung@dmxtechnologies.com
Gary Goh, garygoh@wer1.net

About DMX Technologies Group Limited (www.dmxtechnologies.com)


DMX Technologies is a leading information technology enabler and provider of a wide range of
digital media software and solutions. The Group specialises in providing integrated IT solutions to
enable telecom operators, CATV operators, mobile operators, media corporations and
enterprises to deliver enhanced services to their end-users. Its solutions range from providing
service operators and enterprises with network security, network management and optimisation,
to providing systems that enable digital media services. The Group owns a suite of proprietary
multimedia software, which provides a platform for the delivery of enhanced TV and interactive
value-added services over broadband, cable, mobile or other network media. Established in 1999
and listed on the Singapore Stock Exchange, DMX has built an extensive regional network of
offices in Asia, including Greater China, Indonesia, Korea, Malaysia and Singapore.

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