Monex Group Revenues in May Fell from April as Trading Volumes Declined
Posted: Wed Jun 22, 2016 6:07 am
Leading Japanese online broker, Monex Group, today reported its May 2016 revenues which totaled nearly ¥3.62 billion ($34.56 million at today’s rates) for last month, representing a decline of ¥215 million ($2.05m) or lower by 5.6% from April.
Monex’s May revenues fell compared to the prior month, declining from ¥3.833 billion ($36.61 million) in April to ¥3.618 billion in May, while the company did manage to save on its financial expenses during the period which had been reduced from ¥322 million in April to ¥309 million in May.
From these figures, operating revenues, after the deduction of financial expenses, totaled ¥3.308 billion in May, ... (read more)