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ICFG Limited Reports Strong Financial Growth for Invescore NBFI JSC

Story Highlights
  • ICFG Limited’s subsidiary, Invescore NBFI JSC, reported a 79.6% increase in profit before tax.
  • The financial results position ICFG well for future growth as a London-listed company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ICFG Limited Reports Strong Financial Growth for Invescore NBFI JSC

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Fintech Asia Limited ( (GB:ICFG) ) has shared an announcement.

ICFG Limited has announced the audited financial results of its Mongolian subsidiary, Invescore NBFI JSC, for the year ending December 31, 2024. The results show substantial growth, with a 79.6% increase in profit before tax and an 87.2% rise in annual profit, reflecting the successful integration of Invescore following ICFG’s reverse takeover. This financial performance positions ICFG strongly as it continues to expand as a London-listed company, aiming to enhance shareholder value.

More about Fintech Asia Limited

ICFG Limited, formerly known as Fintech Asia Limited, operates in the financial industry with a focus on non-banking financial services. The company has a significant presence in Central Asia, with operations in Mongolia, Kyrgyzstan, Uzbekistan, and Kazakhstan. Its primary product offerings include financial services through its subsidiary, Invescore NBFI JSC, which is listed on the Mongolian Stock Exchange.

YTD Price Performance: -29.00%

Average Trading Volume: 34,980

Technical Sentiment Signal: Buy

Find detailed analytics on ICFG stock on TipRanks’ Stock Analysis page.

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