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Credit Bureau Asia reports 1HFY2022 earnings of $4 mil, eyes positive impact from digital banks

The Edge Singapore
The Edge Singapore • 1 min read
Credit Bureau Asia reports 1HFY2022 earnings of $4 mil, eyes positive impact from digital banks
The company expects 'positive impact' from the launch of the digital banks
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Credit Bureau Asia has reported earnings of $4 million for 1HFY2022 ended June, up 2% y-o-y. Revenue in the same period was up 5% to $23.5 million.

“In spite of the challenging environment, we are able to register a resilient performance for the first half of the year,” says executive chairman Kevin Koo.

“Moving forward, we will focus on growing our business, identifying new opportunities and optimising cost through increasing productivity,” he adds.

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