One Financial Markets Posts Sharply Lower Profit, Dubai Branch Disappoints

[kreslik.news]

C B Financial Services Ltd, trading as One Financial Markets, has released ‎its annual report and year-end financial statements for the period ending December 31, 2017. The latest results on UK Companies ‎House showed a notable slump in the FCA-regulated broker’s revenues in ‎conjunction with a sharply lower net profit for the reported period.‎

For the year ending December 31, 2017‎, One Financial Markets’ turnover ‎dropped to $28.4 million, down -25 percent relative to $37.7 million in 2016. ‎

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On the positive side, the company experienced a decline in administrative ‎expenses during ... (read more)