Tag: KVB Kunlun Financial Group Ltd (HKG:8077)

KVB Kunlun office
May 11, 2017 BY LeapRate Staff

Hong Kong forex broker KVB Kunlun posts HK$18.9 million loss in Q1

Following our earlier report about the Q1 profit warning it issued, Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has followed up by releasing its full first quarter 2017 results, indicating a major slowdown in business and a large net loss. Overall, Revenues at KVB Kunlun came in at just HK$65.6 million…

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August 08, 2016 BY LeapRate Staff

KVB Kunlun revenues dive 21% in Q2, profits fall 61%

Hong Kong Forex retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) had its slowest quarter in a year and a half, reporting that Q2 revenues were down 21% from Q1, leading to a 61% QoQ drop in profits. KVB brought in revenues of HK$ 83.8 million (USD $10.9 million) in Q2, its lowest quarterly…

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April 22, 2016 BY Maria Nikolova

Positive profit alert sends KVB Kunlun shares higher

Shares in Hong Kong FX broker KVB Kunlun Financial Group Ltd (HKG:8077) opened higher today after the company published a positive profit alert for the first quarter of 2016. The board of directors of the company has reviewed the unaudited management accounts for the three months ended March 31, 2016 and, based on the review,…

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April 19, 2016 BY Maria Nikolova

KVB Kunlun enters into new technology agreement with Banclogix

After signing a three-year software license agreement with Banclogix in December last year, Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) today announces an expansion of the partnership via a new deal - New Information Technology Services Agreement. The term of the new deal is from April 19, 2016 to December 31, 2018, both…

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March 19, 2016 BY Maria Nikolova

KVB Kunlun registers 170% YoY jump in net profit in FY 2015

Hong Kong Forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has just released its financial metrics for the year to December 31, 2015, with favourable trading conditions helping the company see a steep rise in revenues and profits in the period. The numbers were barely surprising after the broker issued a positive profit alert in February.…

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