iFast reports 917% y-o-y increase in 4QFY2023 net profit, 340% y-o-y increase in full year net profit to $28.27 mil

iFast Corporation has reported 917% y-o-y higher net profit for the 4QFY2023 ended Dec 31, 2023, at $13.18 million; and a 340% y-o-y increase in its full-year net profit at $28.27 million. 

This is a reversal from the same period a year ago, when iFast reported an 82% y-o-y drop in net profit to $1.3 million for the 4QFY2022.