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iFast's net profit in 2QFY2024 surges 346.1%

The Edge Singapore
The Edge Singapore  • 1 min read
iFast's net profit in 2QFY2024 surges 346.1%
iFast's net profit rose by 346.1% to $16.03 million in 2QFY2024. Photo: Bloomberg
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iFast Corporation's net profit increased by 346.1% y-o-y to $16.03 million in 2QFY2024 ended June 30.

Revenue rose 72.9% y-o-y to $93.75 million during the quarter. Net revenue rose by 93% to $61.38 million.

For the first half of 2024, the group’s total net revenue increased 90.2% y-o-y to $119.49 million while net profit increased 364.8% y-o-y to $30.54 million.

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