IN BRIEF: MobilityOne revenue rises on growth of e-payment business

MobilityOne Ltd - Malaysia-based e-commerce infrastructure payments and platform provider - ...

Alliance News 29 June, 2022 | 11:53AM
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MobilityOne Ltd - Malaysia-based e-commerce infrastructure payments and platform provider - Reports an 11% decline in pretax profit in 2021. Figure falls to GBP2.0 million from GBP2.3 million the previous year. Says this was due to higher administration expenses in the year. Revenue climbs 3.7% to GBP255.7 million from GBP246.7 million. Cites the continued growth of its e-payment business in Malaysia and higher sales in its mobile phone prepaid airtime reload and bill payment business.

Current stock price: 6.50 pence

12-month change: down 73%

By Heather Rydings; heatherrydings@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
MobilityOne Ltd 7.00 GBX 0.00 -

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