D&M Releases Q3 Highlights
For the first nine months of its fiscal year ending March 31, D&M Holdings reported that its commercial segment revenue and operating profits showed improvement, while revenue in its consumer segment dropped as a result of declines in DVD player sales s prior to the release of new high definition players.
The company’s consolidated revenue for the first nine-month period from April 1 to Dec. 31, 2007 totaled JPY 83.8 billion, an 18% increase over the same period in 2006. Revenues in the Consumer AV (audio/video) and Commercial AV segments were JPY 59.1 billion and JPY 24.7 billion, respectively.
For the nine-month period ended December 31, 2007, the company reported EBITDA (earnings before interest, taxes, depreciation and amortization) of JPY 6.3 billion, up slightly from last year’s level of JPY 6.1 billion. In addition, the company also recorded a one-time extraordinary gain on the sale of Replay TV in the third quarter.