FTC 0.00% 0.8¢ fintech chain limited

FTC hits profitable results:highlights:Revenue up 53% on March...

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    FTC hits profitable results:

    highlights:
    Revenue up 53% on March qrt 31/20 despite COVID
    profit up 215%
    net profit 10,460 million RMB up 1 97%

    restructuring service and streamlining reporting categories to help shareholders better understand revenue streams (SaaS cloud etc....)

    reports tightening expense control for previous period.

    Extension of convertible notes to Dec 2022
    3 tranches
    1) Aud 500,000
    2) USD 500,000
    3) USD 376, 687

    States multiple times FTC fully adheres to national laws and regulations.

    Confirmation of full compatibility and integration of T-Linx system with Chinese Digital Currency.

    Confirmation of move to BNPL interest. Assisting banks connected to T-Linx to access this service offering. Technical service fee for integrating banks and customers BNPL products through T-Linx - charging 0.5% to 1 % of gross transaction.

    Excellent report. Expect very big increases in revenue and profit qrt on qrt here on out.
 
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