StockMarketWire.com - Exchange services group Aquis Exchange swung to a first-half profit as revenue was bolstered by increased trading activity.
For the six months ended 30 June 2020, the company reported pre-tax profit of £12K, compared with a loss of £621K on-year, as revenue rose 42% to £4.9m.
'This growth has been driven by our existing members continuing to increase their trading volumes through our pan-European lit equities market,' the company said.
Looking ahead, the company said current trading was in line with market expectations for the full year.
At 9:00am: [LON:AQX] Aquis Exchange Plc Ord 10p share price was -5p at 325p
Story provided by StockMarketWire.com
Shares Magazine
Shares is the leading weekly publication for retail investors. It is packed with investment ideas, news and educational material to help build and run portfolios and get more from your money.
Investor Events
Shares puts on free Investor Events throughout the year across the country. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists.