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Alpha FX profit jumps 62% amid UK customer wins

By BFN News | 02:49 PM | Wednesday 05 September, 2018


Foreign exchange service provider Alpha FX booked a 62% rise in first-half profit as it won more business in its key UK market. Pre-tax profit for the six months through June rose to £3.9m, as revenue grew 55% to £9.7m. Underlying operating profit rose 29% to £4.1m. The company declared an interim dividend of 1.9p per share, up 27% on-year. 'Trading in the second half of the year to date has been positive and we remain highly confident of delivering a full year outcome at least in line with expectations,' the company said. At 2:49pm: (LON:AFX) Alpha Fx Group Plc share price was -10p at 530p Story provided by StockMarketWire.com

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