Zoo Digital swings to modest profit on improved sales mix

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Services provider for the entertainment industry Zoo Digital swung to a modest first-half profit

Pre-tax profit for the six months through September amounted to $0.37m, compared to a loss of $0.16m on-year.

Revenue fell 4% to $14.2, driven by a 75% drop in legacy DVD and Blu-ray services.

Gross profit, however, rose to $5.8m, from $4.9, thanks to a favourable sales mix.

'The value of the order book at the period end is stronger than the same period last year and positions Zoo well to meet market expectations for the full year,' the company said.