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Iplayco Corporation Limited

03:48 PM EST - Iplayco Corporation Limited : announced financial results for its second quarter ended March 31, 2014. Sales increased by 4.5% to $3,370,388 in Q2-14 from $3,223,754 in Q2-13. Gross profit percentage was 45.4% of sales in Q2-14 compared to 35.9% in Q2-13. Operating expenses, including foreign exchange gains and losses and finance costs, were $1,315,506 or 39.0% of sales in Q2-14 compared to $900,100 or 27.9% of sales in Q2-13. Net income in Q2-14 was $159,100, or diluted net income per share of $0.02, compared to net income of $192,706, or diluted net income per share of $0.02, in Q2-13. Iplayco Corporation Limited
shares V.IPC are trading unchanged at $0.82.