iFast Q3 profit up 29.5%, plans to list HK-China operations

Singapore

IFAST Corporation (iFast) has shrugged off volatile market conditions and its loss-making China business to post a 29.5 per cent rise in its third quarter net profit to S$2.6 million.

Earnings per share for the mainboard-listed wealth management fintech platform increased to 0.98 Singapore cent from 0.76 Singapore cent for the three months ended Sept 30. R…