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      Swissquote confirms a pre-tax profit of at least CHF 185 million in 2022

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      Swissquote confirms a pre-tax profit of at least CHF 185 million in 2022

      In January 2022, Swissquote reported that it delivered record results in 202, with net revenues of CHF 472 million.

       

      January 12, 2023 - With net revenues above CHF 400 million and a pre-tax profit of at least CHF 185 million, Swissquote confirms financial results in line with the guidance provided in August 2022. The diversified sources of revenues and a higher share of non-transaction based revenues have enabled Swissquote to navigate safely in a difficult market environment.

      As of 31 December 2022, client assets reached CHF 52.2 billion. Part of the negative market impact could be compensated by strong net new monies of CHF 7.7 billion in 2022.

      The full report for the 2022 financial year will be published on 16 March 2023. 

      In December, Swissquote announced its 3rd location in the EU, with the opening of its office in Cyprus.

      Swissquote Group Holding Ltd is listed on the SIX Swiss Exchange (symbol: SQN) since May 2000 and is regulated by the Swiss Financial Market Supervisory Authority (FINMA).

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
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