Monex Group Reports July 2016 Revenues Reflecting 12% MoM Decline
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Monex Group Reports July 2016 Revenues Reflecting 12% MoM Decline
Monex Group Inc, one of the largest brokers in Japan, today reported its monthly consolidated financial results for July 2016, according to a statement.
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July Operating Revenue
For July 2016, Monex recorded a decline in monthly revenue notching a figure of $36.7 million (¥3,679 million). This represents a decline of almost 12 percent MoM from June’s $41.6 million (¥4,174 million) and down 21 percent YoY compared with $46.5 million (¥4,662 million) last year.
In addition, financial expenses notched a decline during the month ending July 2016, which came ... (read more)
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