Kabu Reports YoY Increase in First Quarter Income and Revenue
Posted: Sun Jul 22, 2018 7:05 am
Kabu, an online securities broker, has announced its first-quarter preliminary earnings for the fiscal year ending March 31, 2019. The firm, which is a subsidiary of the Mitsubishi UFJ Financial Group, showed a relatively strong first quarter, with operating revenue the only segment to show year-on-year declines.
According to the report, the operating results are expected to increase because primary expenses declined during the first quarter. This included expenses related to marketing, such as advertising and promotional costs including television commercials.
Revenue
The preliminary figures for the first quarter, which covers April, May and June ... ([url=https://www.financemagnates.com/institutional-forex/execution/kabu-reports-yoy-increase-in-first-quarter-income-and-revenue/]read more)