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XTB’s Net Profit Plunges 12.2% in H1 despite Record New Clients

The net profit of the Polish forex and contracts for difference (CFD) broker, XTB, slumped by 12.2% to zł421 million during the first half (H1) of 2023 when compared to the same period a year earlier. Similarly, the revenue of the broker fell by 2% to zł818.9 million.Lower Volatility Impacts XTB’s Revenue in H1XTB disclosed the figures in its preliminary results for the first six months of 2023 released today (Wednesday). The broker saw a decline in its net profit and revenue despite onboarding... Read More

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Posted: Jul 26 2023, 18:23

Author Name: financemagnates

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