Plus500 sees annual revenue, profit above market estimates

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Plus500 on Tuesday (Jul 12) forecast its annual revenue and profit ahead of market expectations, as online trading platforms benefited from a surge in market volatility on the back of the Russia-Ukraine crisis. The company, which forecast in May full-year revenue and profit to exceed current market expecta

Plus500 on Tuesday forecast its annual revenue and profit ahead of market expectations, as online trading platforms benefited from a surge in market volatility on the back of the Russia-Ukraine crisis.

The company, which forecast in May full-year revenue and profit to exceed current market expectations, also reported a 118 per cent jump to US$143.7 million in its second-quarter core profit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines