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KVB Kunlun Financial Group Ltd (HKG:8077), a Hong Kong-focused forex broker, has reported its unaudited consolidated results for the full financial year ending December 31, 2017. The latest statement shows a strong performance in the group’s leveraged foreign exchange (FX) trading, though its overall bottom line figures were sharply lower relative to a year ago.
The Cayman Islands registered company completed last year with an overall profit of HK$27.4 million ($3.5 million), dropping -29.3 percent year-on-year from $38.7 million ($4.99 million) in 2016. Furthermore, KVB Kunlun reported diluted earnings per share (EPS) of HK$1.35 cents in 2017, a substantial loss of ... (read more)