KVB Kunlun Reports Three-Fold Increase in H1 Profits

[kreslik.news]

KVB Kunlun (KVB) released its financial report for the first half of 2018 this Monday. The foreign exchange broker and liquidity provider saw a sharp uptick in its year-on-year revenues and post-tax profits.

The report comes a month after KVB announced they were expecting a significant improvement on last year’s results. In that announcement, the firm noted that income from the fair value gain on the derivative portion of convertible bonds had given it a boost.

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In the first half of 2017, KVB saw total revenues of HKD ... (read more)