Futu’s Net Profit Rises 23%, Despite Drop in Trading Vol
Futu, an online brokerage that provides Chinese investors with access to the Hong Kong and US stock markets, has released its unaudited third-quarter financial results. The company reports a 12.4% increase in revenue, reaching $247.9 million. The company’s gross profit rose 18% year-over-year (YoY) to $220.1 million, while the net income increased by 22.7% in …
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