Your net profit of $28.3 Billion is WRONG !!!!
iFast Shares Rise as Assets Under Administration Hit Record High
iFast's shares posted their highest intraday percentage gain in nearly four months after its Assets Under Administration hit a record 19.83 billion Singapore dollars in 2023.Shares were 6.1% higher at S$8.38 in Thursday trade after gaining as much as 6.3% earlier in the Singapore exchange.The fintech company said net profit in 2023 rose to S$28.3 billion while revenue gained 23% to S$256.5 million.The digital banking and wealth management platform said it expects robust growth rates in revenues and profitability this year as compared with 2023.The Singapore-based company has been listed on the exchange since 2014 and operates in Hong Kong, Malaysia, China, and the U.K.It offers access to over 21,000 investment products, including over 13,000 funds from over 320 fund houses, over 2,500 bonds, stocks, and ETFs listed on Singapore, Hong Kong, US, Malaysia, UK, and China A stock exchanges.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet