DGSE Posts Back-to-Back Profits in 2017 & 2018
DGSE COMPANIES (DGSE)
NASDAQ:AMEX Investor Relations:
dgsecompanies.com/investors
Company Research
Source: GlobeNewswire
DALLAS, April 12, 2019 (GLOBE NEWSWIRE) -- DGSE Companies, Inc. (NYSE American:DGSE) (“DGSE” or the “Company”), a leading wholesaler and retailer of jewelry, diamonds, fine watches, precious metal bullion and rare coin products, today announces back-to back profits for the two years ending 2017 and 2018, following several years of losses. The Dallas-based Company reported revenues of $54 million and net income over $657 thousand for the twelve months ending December 31, 2018. “Our core strategy of offering customers the ability to buy, sell and trade has been key. The environmentally friendly aspect of the ‘recommerce’ business, where DGSE has operated for the last 40 years, is now more important than ever to consumers,” said Scott Mosley, Vice-President and Director of Operations for Dallas Gold and Silver Exchange since 2017. And DGSE’s new point-of-sale system, rolled out in 2018, facilitates collecting market data to further expand the Company’s market presence. “We seek to c
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