The holding’s revenue amounted to $418.6 million in the third quarter of the 2024 fiscal year, ending on December 31, 2023, which is almost a twofold increase over the same period last year ($214 million), according to the company’s financial statement.
The 96% increase in revenue ($204.6 million) was driven by several reasons. First, fee and commission income increased by 49% ($39.3 million) as the company expanded the scope of its operational activities and reported an increase in revenue from payment processing by PayBox and other subsidiaries.
Second, the percentage income of the holding rose by 182% ($146.2 million) as...