Small caps round-up: DCD Media, Galleon, Amphion Innovations ...

25th Jun 2009 13:57

TV production and distribution group DCD Media has won a raft of commissions from US Cable TV Network TLC to produce four exclusive one-off human interest documentaries. Entertainment media company Galleon Holdings reported a 45% rise in half year pre-tax profits to £0.64m helped by continued growth of its business in China. Turnover increased by £9.6m to £15.4m.Amphion Innovations said its wholly owned subsidiary DataTern has signed additional non-exclusive intellectual property license agreements with four leading international corporations for a total of $1.8m.Drug distributor Goldshield said although the group has not been immune from the effects of the recession, it has been encouraged by its results. Pre-tax profits surged 71.8% to £21.3m as the group concentrated on the core pharmaceutical and consumer health businesses. Group revenue is up 15.9% to £98.4m.Lavendon said whilst market conditions facing our European operations remain difficult, the group has made good progress in reducing its cost base and is trading in line with our expectations.Chinese IT and business process outsourcing firm China Eastsea Business is looking for a revival in the Chinese economy after its profits slumped last year.Revenue for the year to 28 February 2009 was little changed at £10.6m from £10.8m the year before, but earnings before interest, tax, depreciation and amortisation slumped to £1.1m from £3.8m."The opportunities and business environment in our IT outsourcing sectors have been improved substantially in the last three months comparing to the first half of this year. We anticipate the business to perform better than last financial year," said Eric Zhu, chief executive officer.Medicsight, the computer-aided disease detection company, has launched a new online product, MedicRead 3.0 Colon, to make its ColonCAD software more widely available to radiologists. The product will open up a new revenue stream for Medicsight, Allan Rowley, chief executive of the company said.