FY sales surge at Galleon
19/01/2009
Entertainment media firm that co-produced the Chinese TV show Super Soccer Star Galleon posted a sharp increase in half year revenue and revealed a pre-tax profit.
For the year ended 30 September adjusted profit before tax came in at 861,000 compared to an adjusted loss before tax of 167,000 the year before. Revenue for the period rose 170% to 12.1m after a strong performance in China and South East Asia.
Commenting in today's company statement, chairman David Wong said, "The multi-platform entertainment infrastructure established in China and South East Asia, including the acquisition of Yunbo in February, is now the 10th largest mobile service provider in China."
He added, "There are many exciting properties in our pipeline to be exploited during 2009 and beyond, which will see us continue to develop our presence in China, South East Asia and the rest of the of the world. We look forward to another year of growth."
http://www.cityam.com/index.php?news=28388