iFast soars 8.2% to all-time high on robust Q3 earnings; set to hit record net inflows for 2025
Counter hits S$9.99 in early trading before shedding some gains to trade over 6% up in late morning
Shares of digital wealth management platform iFast soared nearly 8.2 per cent on Monday (Oct 27) morning, the first trading day after it posted a 54.7 per cent rise in net profit.
Its net profit jumped to S$26 million for its third quarter ended Sep 30, from S$16.8 million in the previous corresponding period.
The counter surged S$0.76 to a new record of S$9.99 at 9.02 am, before giving up some of its early gains to trade at S$9.80 in the late morning.
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
More Culture
Don’t Pull Out of Germany
Merz’s stupidity is no excuse for a stupid response. Source link
Step inside the gorgeous, futuristic offices of Vast, the startup designing the next-gen space station
A tall baobab tree greets people inside the Long Beach, California, headquarters of Vast, an aerospace company that is building the space station of the future. It’s planted beneath a…
5 ways high-performing teams stay calm when everything’s on fire
When markets swing, plans break, inboxes explode, and everyone starts saying the situation is “unprecedented” again, most teams do what humans have always done under pressure: they grip…
Confused Trump Openly Admits Plot to Rig Midterms as Polls Turn Brutal
Last week, the Supreme Court gutted protections against racial gerrymandering, and Donald Trump is already urging Republicans to seize on it. Trump unleashed a Truth Social rant on Monday…