KVB Kunlun Issues Forward Guidance: Profits to Rise at Least 250%
- KVB Kunlun has estimated profits in excess of 250.0% for the 2015 fiscal year, which received a boost from commission income and volatility.
KVB Kunlun Financial Group Limited has issued a forward guidance statement to its shareholders, portending a sizable boost to its profits for the year ending December 31, 2015, which was estimated in the triple digits.
The profit figure is based in part on a preliminary review by KVB Kunlun’s Board of Directors, which estimates that profit attributable to equity holders during the aforementioned time period would exceed 250.0% YoY relative to the fiscal year ending December 31, 2014.
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The announcement is KVB Kunlun’s latest snapshot of the group’s financials since it reported its metrics for H1 of the fiscal year, which was highlighted by a good performance in leveraged foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv (FX) and other trading income. This also led to large gains in profits at the halfway point of the 2015-year, a trend that now seems to have continued unabated till year-end.
As for the 2015 fiscal year performance on the whole, the H2 revelations in profit were largely the product of higher trading volumes across KVB Kunlun’s business, which received a welcome boost from widespread market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders and gains via increased commission income.
Markets on the whole have been particularly volatile and dynamic throughout the 2015 year, which forwent any sustained bouts of stagnation and tranquility like those experienced during 2014. Consequently, equity holders are all smiles as KVB Kunlun moves closer to its official profit release, and preliminary estimates look extremely promising.
For the time being however, the board of directors sees no less than a 250% preliminary profit assessment for the fiscal year, as determined by internal unaudited management accounts. It should be noted that these results have not been audited or reviewed by KVB Kunlun’s independent auditor, though all indications are pointing to a robust year ahead of the publication of its final results on March 31, 2016.
KVB Kunlun Financial Group Limited has issued a forward guidance statement to its shareholders, portending a sizable boost to its profits for the year ending December 31, 2015, which was estimated in the triple digits.
The profit figure is based in part on a preliminary review by KVB Kunlun’s Board of Directors, which estimates that profit attributable to equity holders during the aforementioned time period would exceed 250.0% YoY relative to the fiscal year ending December 31, 2014.
Avid industry news reader? Take the Finance Magnates quiz
The announcement is KVB Kunlun’s latest snapshot of the group’s financials since it reported its metrics for H1 of the fiscal year, which was highlighted by a good performance in leveraged foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv (FX) and other trading income. This also led to large gains in profits at the halfway point of the 2015-year, a trend that now seems to have continued unabated till year-end.
As for the 2015 fiscal year performance on the whole, the H2 revelations in profit were largely the product of higher trading volumes across KVB Kunlun’s business, which received a welcome boost from widespread market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders and gains via increased commission income.
Markets on the whole have been particularly volatile and dynamic throughout the 2015 year, which forwent any sustained bouts of stagnation and tranquility like those experienced during 2014. Consequently, equity holders are all smiles as KVB Kunlun moves closer to its official profit release, and preliminary estimates look extremely promising.
For the time being however, the board of directors sees no less than a 250% preliminary profit assessment for the fiscal year, as determined by internal unaudited management accounts. It should be noted that these results have not been audited or reviewed by KVB Kunlun’s independent auditor, though all indications are pointing to a robust year ahead of the publication of its final results on March 31, 2016.