DDD posts full-year loss
DDD Group yesterday posted a full-year loss, but said the current year started in line with expectations, with growing demand for its 2G-to-3G conversion technology for desktops and TVs. Last month, the company said it hopes to break even in 2011 and post a first profit in 2012 as demand grows for 3D televisions, personal computers, and mobile phones. Pre-tax loss from continuing operations for 2010, was £921,000, compared with £842,000 the year before. Revenue was up 12 per cent to £1.3m.