Monday, 18th April 2005 (2682 views)

DGSE Companies has announced revenues reached $28,642,217 in its full year results announced this week.

This amount was up by 12.65 per cent compared to the previous year.

The company wholesales and retails jewellery, diamonds, fine watches, precious metal bullion products and rare coins and also owns the Dallas Gold and Silver Exchange and the Charleston Gold and Diamond Exchange.

William H Oyster, president and chief operating officer of DGSE, said: "Fiscal 2004 was [an] important year from an operational point of view.

"During the first quarter 2005 we opened our first store in New Mexico and two additional stores will open on May 1st, 2005. We expect 2005 to see expansion of our revenues and further growth in higher margin business components."

The company has also improved its USBullionExchange.com which will now allow customers to enter and carry out orders for precious metal products online.

 

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