AsiaFIN Holdings Corp. (ASFH) Announces Strong Financial Performance for Q3 2024, Eyes Uplisting to a United States Main Market
AsiaFIN Holdings Corp. (OTCQB:ASFH) has released its Q3 2024 financial results, showcasing substantial growth. The company reported a 15.5% increase in revenue and a remarkable 141.5% rise in net profit year-over-year. These improvements are attributed to operational efficiency and strategic cost management.
The quarter featured significant investments in technology and infrastructure, particularly in AI-driven automation (RPA) and Regtech including ESG compliance reporting. The company has also announced plans to uplist to a main market in the United States to enhance visibility and access to capital markets. An investor call/webinar is scheduled for December 12, 2024, at 15:00 Malaysia Time to discuss results and 2025 outlook.
AsiaFIN Holdings Corp. (OTCQB:ASFH) ha pubblicato i risultati finanziari per il terzo trimestre del 2024, evidenziando una crescita sostanziale. L'azienda ha registrato un aumento del 15,5% nei ricavi e un notevole incremento del 141,5% nell’utile netto rispetto all'anno precedente. Questi miglioramenti sono attribuiti all'efficienza operativa e alla gestione strategica dei costi.
Durante il trimestre sono stati effettuati investimenti significativi in tecnologia e infrastrutture, in particolare nell'automazione guidata dall'IA (RPA) e nel Regtech, inclusi i report di conformità ESG. L'azienda ha inoltre annunciato piani per un'uscita su un mercato principale negli Stati Uniti per migliorare la visibilità e l'accesso ai mercati dei capitali. Una chiamata/webinar per gli investitori è programmata per il 12 dicembre 2024 alle 15:00 ora della Malesia per discutere i risultati e le prospettive per il 2025.
AsiaFIN Holdings Corp. (OTCQB:ASFH) ha publicado sus resultados financieros del tercer trimestre de 2024, mostrando un crecimiento sustancial. La compañía reportó un aumento del 15.5% en ingresos y un notable incremento del 141.5% en las ganancias netas en comparación con el año anterior. Estas mejoras se atribuyen a la eficiencia operativa y a una gestión estratégica de costos.
El trimestre incluyó inversiones significativas en tecnología e infraestructura, particularmente en automatización impulsada por IA (RPA) y Regtech, incluyendo informes de cumplimiento ESG. La compañía también ha anunciado planes para cotizar en un mercado principal en los Estados Unidos para mejorar su visibilidad y acceso a los mercados de capital. Se programó una llamada/webinar con inversores para el 12 de diciembre de 2024 a las 15:00 hora de Malasia para discutir los resultados y las expectativas para 2025.
AsiaFIN Holdings Corp. (OTCQB:ASFH)는 2024년 3분기 재무 결과를 발표하며 상당한 성장을 보여주었습니다. 회사는 15.5%의 매출 증가와 141.5%의 순이익 증가를 보고했습니다. 이러한 개선은 운영 효율성과 전략적 비용 관리 덕분입니다.
이번 분기에는 특히 AI 기반 자동화(RPA) 및 ESG 준수 보고를 포함한 Regtech에 대한 기술 및 인프라에 대한 상당한 투자가 이루어졌습니다. 또한, 회사는 미국의 주요 시장으로 상장할 계획을 발표하여 가시성과 자본 시장 접근성을 향상시킬 예정입니다. 투자자와의 전화 회의/웹 세미나는 2024년 12월 12일 말레이시아 시간으로 오후 3시에 예정되어 있으며, 결과 및 2025년 전망에 대해 논의할 것입니다.
AsiaFIN Holdings Corp. (OTCQB:ASFH) a publié ses résultats financiers pour le troisième trimestre 2024, mettant en avant une croissance substantielle. La société a rapporté une augmentation de 15,5 % de son chiffre d’affaires et une hausse remarquable de 141,5 % de son bénéfice net par rapport à l’année précédente. Ces améliorations sont attribuées à l'efficacité opérationnelle et à la gestion stratégique des coûts.
Au cours du trimestre, des investissements significatifs ont été réalisés dans la technologie et l'infrastructure, notamment dans l'automatisation pilotée par l'IA (RPA) et le Regtech, y compris la reporting de conformité ESG. La société a également annoncé des projets d'inscription sur un marché principal aux États-Unis pour accroître sa visibilité et son accès aux marchés de capitaux. Un appel/webinaire pour les investisseurs est prévu pour le 12 décembre 2024 à 15h00, heure de Malaisie, pour discuter des résultats et des perspectives pour 2025.
AsiaFIN Holdings Corp. (OTCQB:ASFH) hat ihre finanziellen Ergebnisse für das 3. Quartal 2024 veröffentlicht und zeigt ein erhebliches Wachstum. Das Unternehmen vermeldete einen Anstieg der Einnahmen um 15,5% sowie einen bemerkenswerten Anstieg des Nettogewinns um 141,5% im Jahresvergleich. Diese Verbesserungen werden auf die betriebliche Effizienz und das strategische Kostenmanagement zurückgeführt.
Im Quartal wurden bedeutende Investitionen in Technologie und Infrastruktur, insbesondere in KI-gesteuerte Automatisierung (RPA) und Regtech, einschließlich ESG-Konformitätsberichterstattung, getätigt. Das Unternehmen hat auch Pläne angekündigt, an einen Hauptmarkt in den Vereinigten Staaten zu wechseln, um die Sichtbarkeit und den Zugang zu den Kapitalmärkten zu verbessern. Ein Investorenanruf/Webinar ist für den 12. Dezember 2024 um 15:00 Uhr malaysischer Zeit geplant, um die Ergebnisse und die Prognose für 2025 zu besprechen.
- Revenue increased by 15.5% year-over-year in Q3 2024
- Net profit surged by 141.5% compared to previous year
- Strategic investments made in technology and infrastructure
- Plans for uplisting to a main market in the United States
- None.
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / December 5, 2024 / AsiaFIN Holdings Corp. (OTCQB:ASFH), a leading financial ecosystem enabler, proudly announces its financial results for the third quarter of 2024. The company, currently listed on the OTCQB venture market in the United States, has demonstrated exceptional growth with a notable increase in revenue and significant improvements in profitability.
Q3 2024 Financial Highlights
Revenue Growth: AsiaFIN reported a
15.5% increase in revenue for three (3) quarter of 2024 compared to the same period last year, reflecting the company's success in expanding its market reach and strengthening its core business.Improved Profitability: Net profit saw a substantial rise of
141.5% year-over-year, driven by operational efficiency and strategic cost management. This strong performance underscores the company's ability to generate sustainable growth while maintaining a focus on profitability.Strategic Investments: The quarter witnessed significant investments in technology and infrastructure, laying the groundwork for future expansion. These investments are aimed at bolstering AsiaFIN's capabilities in AI-driven automation (RPA) and enhancing its leadership in the Regtech including ESG compliance reporting.
"We are thrilled to share these outstanding results for Q3 2024," said KC Wong, CEO of AsiaFIN Holdings Corp. "Our focus on innovation, efficiency, and customer-centric solutions has not only driven top-line growth but also significantly improved our bottom line. This quarter's performance is a testament to the hard work and dedication of our team as we continue to deliver on our strategic goals."
Plans for Uplisting to a Main Market
In addition to its strong financial performance, AsiaFIN is excited to announce its intent to uplist to a main market. The company is exploring opportunities for a listing upgrade, which is expected to enhance its visibility, attract a broader investor base, and provide greater access to capital markets. This move aligns with AsiaFIN's ambition to become a global leader in the Fintech industry, driving innovation and delivering value to its stakeholders.
Positioned for Future Growth
AsiaFIN's solid performance in Q3 2024 is the result of a robust strategy focused on customer acquisition, technological advancement, and market diversification. The company continues to develop innovative solutions that cater to the evolving needs of businesses and regulators, ensuring compliance, operational efficiency, and superior customer experiences.
"We are committed to maintaining this growth momentum as we look towards an exciting future," KC Wong added. "With a strong financial foundation and a clear path to uplisting, we are confident in our ability to achieve our long-term goals and deliver sustained value for our shareholders."
Investor call/Webinar
In line with this significant results, AsiaFIN is calling for a Investor Call/Webinar on Dec 12, 2024, at 1500 (3:00 pm) Malaysia Time . For those that are interested to attend and ask questions and this year results and 2025 outlook , please register your interest by sending an email to investor@asiafingroup.com . A MS Team link shall be sent to your email.
Enquiries:
AsiaFIN Holdings Corp. (OTCQB:ASFH)
Wong Kai Cheong, Chief Executive Officer
Email: kcwong@asiafingroup.com
About AsiaFIN Holdings Corp
AsiaFIN Holdings Corp., a Nevada Corporation operates through its wholly owned Malaysia, Hong Kong and the newly acquired StarFIN Holdings Ltd BVI subsidiaries, is currently providing market research studies and consultancy services pertaining to system solutions and integration of payment processes and robotic automation. AsiaFIN provides services to over 100 clients in Asia that include Malaysia, Myanmar, the Philippines, Indonesia, Bangladesh, Pakistan, Thailand and Singapore. The company's mission is to become the "financial ecosystem enabler" through its solutions in Payment Processing, Regulatory Technology (REGTECH), Robotic Process Automation (RPA) and Unattended Payment Kiosks that help to facilitate the business operations, and assist with system integration, for merchants and entrepreneurs in Asia. For further information regarding the company, please visit https://asiafingroup.com
Forward Looking Statement
This press release contains forward-looking statements that involve risk and uncertainties involving the use of words such as "plans," "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think," "considers" or similar expressions are intended to identify "forward-looking statements". Investors should be aware that all forward-looking statements contained within this press release are good faith estimates of management as of the date that this press release is prepared based on current expectations that involve known and unknown risks. Our actual results could differ materially from those anticipated in these forward-looking statements for numerous reasons as described in the company website.
SOURCE: ASIAFIN HOLDINGS CORP
View the original press release on accesswire.com
FAQ
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