The net revenue of the Japanese forex brokerage Money Partners Group rose 14.5% on a yearly basis and reached JPY almost 6.1 billion, shows the preliminary report for the fiscal year that ended on March 31, 2016.
For the same period, the operating income was JPY1.5 billion – almost 28% higher than that of the previous fiscal year. The ordinary income also rose – by 27.3% to JPY 1.6 billion. The net income attributable to owners of the parent company was a little over JPY 1 billion – an increase of 31.5%.
In its release the broker notes that the preliminary figures are based on certain assumptions, believed to be reasonable at the time of the preparation of this report, and the actual results may differ.
Money Partners Group also corrected the data for its March 2016 performance. Earlier in April it reported that its operating revenue for the month was JPY 528 million, but after additional calculations, the actual result was somewhat higher – JPY 529 million.
Tokyo-based Money Partners Group is a holding company which is comprised of forex and contracts for difference (CFDs) broker Money Partners and financial system development company Money Partners Solutions. It serves both retail and institutional clients.