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Ann: T-Linx expands its reach in Xinjiang Province, page-26

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  1. 15,730 Posts.
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    No reply yet. Maybe they are busy with audited report due by end of this month.

    But that revenue estimate was made myself based upon the April 24 ANN about T-Linx rollout in Tianshan Rural Credit Bank which brings RMB 30k a month. As this latest ANN says fee charge increased by 50% (from 0.02% to 0.03%), the 3 newly added banks are from the same province Xinjiang as where Tianshan is from. Their revenue should be RMB 45K each. With the same fee charge, the rest 76 similar sized credit banks in Xinjiang will contribute 45k RMB each if all join. In total revenue could be calculated as such

    30k + 79x45k = 3.585mill RMB per month

    Annual: 12x3.585m = 43mill RMB

    In oz dollar (1:4.8 rate): $8.96mill.

    This is very likely as domino's effect can be seen due to all banks from the same Rural Credit bank system under the same administration management!
 
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