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Monex Europe Sees 2022 Revenue Drop, Profit Slides 83%

Monex Europe Limited, a commercial foreign exchange and payments provider, generated £23.5 million in net trading income in the fiscal year 2022, which ended on December 31. The figure was reported as 10.6 percent lower than the previous year’s £26.3 million.Declining Profits of Monex EuropeThe company, a subsidiary of Monex Europe Holdings Limited, turned a pre-tax profit of £1.3 million, which plummeted from £7.66 million, a massive drop of 83 percent. After a tax credit, the net profit of the... Read More

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Monex

Europe

Sees

2022

Revenue

Drop

Profit

Slides

Forex

Posted: Oct 3 2023, 07:22

Author Name: financemagnates

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