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iFast Q4 net profit rises 5.5%; higher final dividend proposed

This will take the total dividend for the firm's FY2021 to S$0.048 a share, up from S$0.033 previously

Published Mon, Feb 14, 2022 · 09:50 PM

Singapore

WEALTH management platform iFast Corporation reported on Monday (Feb 14) a 5.5 per cent year-on-year increase in net profit for the fourth quarter ended Dec 31, 2021.

Net profit for the 3-month period rose to S$7.2 million from S$6.8 million in the prior year period, as revenue grew 13.9 per cent to S$54.6 million.

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