KVB Kunlun Forecasts Steep Increase of Profits for H1 2018

[kreslik.news]

Hong Kong-focused forex broker,  KVB Kunlun Financial Group Limited, has released a statement announcing that the company expects to record a large increase in net profit for the six months ended June 30, 2018. This is in comparison to the same period in 2017.

The jump in profits is due to income from the fair value gain on the derivative portion of convertible bonds. The announcement follows a preliminary review by the board of directors. The broker is in the process of finalising the results, which should be published no later than August 31, 2018.

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