Dukascopy sees profit surge of 195% in H1 2022

Swiss financial trading services provider Dukascopy Bank SA saw increase in revenue in profits in the first half of 2022.

The Geneva-based retail forex and CFDs brokerage posted revenue of CHF 14.43 million for the first six months of the year. The number marks a 26.7% increase compared to the same period the previous year, when it was CHF 11.39 million.

Dukascopy bank

According to the official announcement, net profit stood at CHF 3.77 million between January and June, jumping 195% compared to CHF 1.28 million H1 2021.

Dukascopoy reported strong H1 2022 results after its H1 2021 profit declined to CHF 1.3 million.

Earlier in May, the firm was granted authorization from Swiss regulator FINMA to offer crypto custody services.

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