Dukascopy Profit Falls 58% as Trading Income Drops in First…
Why Did Dukascopy’s First-Half Profit Fall? Dukascopy Bank reported a 58.1% decline in first-half consolidated profit as weaker trading and interest income outweighed higher commissions, even as customer deposits and total assets grew sharply. The Geneva-based bank posted consolidated profit of CHF 1.38 million for the six months ended June 30, down from CHF 3.29 million a year earlier. The result
Why Did Dukascopy’s First-Half Profit Fall? Dukascopy Bank reported a 58.1% decline in first-half consolidated profit as weaker trading and interest income outweighed higher commissions, even as customer deposits and total assets grew sharply. The Geneva-based bank posted consolidated profit of CHF 1.38 million for the six months ended June 30, down from CHF 3.29 million a year earlier. The result
Source: FinanceFeeds