Monex sees little change in revenues in January 2016

Monex sees little change in revenues in January 2016 explained by professional Forex trading experts the “ForexSQ” FX trading team.

Monex sees little change in revenues in January 2016

Provider of online trading services Monex Group, Inc. (TYO:8698) has earlier today posted its preliminary financial results for January 2016, with revenues marking a little change from December 2015 levels, but the company managing to post a substantial drop in expenses.

Monex reported monthly operating revenues of JPY 4.38 billion ($38.7 million) for January 2016. The result is 0.23% higher than in December 2015, when the operating revenues totalled JPY 4.37 billion. In annual terms, the January 2016 result is down 3.3%.

Financial expenses amounted to JPY 361 million, down 12.4% from the level of JPY 412 million reported in December 2015.

The revenues after deducting financial expenses reached JPY 4.02 billion in January 2016, up 1.5% from the preceding month.

Monex sees little change in revenues in January 2016 Conclusion

For more information about currency trading brokers visit TopForexBrokers.com Forex brokers comparison website, Tip ForexSQ.com foreign exchange trading
experts please by share this article about Monex sees little change in revenues in January 2016

In this article