DMX Technologies

DMX Technologies: 2Q14 net profit tumbled 60% y/y to US$1.6m, as revenue slipped 18% to US$77.4m, dragged by delays in information & communication technologies expenditure in Indonesia and a slowdown in China (-24%), maturing analog to digital migration business and competitive software pricing (-8%), and slower than expected traction in the mobile Software as a Service (-33%). NAV/share maintained at US34.24¢.