DGSE Companies, Inc. Announces Continued Profitability in 2Q18
DGSE COMPANIES (DGSE)
NASDAQ:AMEX Investor Relations:
dgsecompanies.com/investors
Company Research
Source: GlobeNewswire
DALLAS, Aug. 13, 2018 (GLOBE NEWSWIRE) -- DGSE Companies, Inc. (NYSE AMERICAN: DGSE) (“DGSE” or the “Company”), a leading wholesaler and retailer of jewelry, diamonds, fine watches, and precious metal bullion and rare coin products, today announced a $274,179 net profit for the three months ended June 30, 2018, the sixth consecutive profitable quarter following several years of losses. The figure represents a 3.4% increase over the net profit in the second quarter of 2017 as the Company continues its financial turnaround. For the first six months of 2018, DGSE reported net profits of $620,386, a 28% surge over the same period last year. “These results continue to support our strategy of offering exceptional value, cutting expenses and laying the groundwork for strong future growth,” said Scott Mosley, Vice-President and Director of Operations for Dallas Gold and Silver Exchange since 2017. “We believe our continued focus on the customer experience and offering remarkable value at
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