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Wednesday, 08/30/2023 8:52:29 PM

Wednesday, August 30, 2023 8:52:29 PM

Post# of 2645
AGBA today released an update to its financial projections.
https://www.agba.com/company/newsroom/media-release/agba-group-updates-on-financial-projections-showing-acceleration-to-profitability-within-months/

"As a result of the current economic slowdown in the region, we have revised our financial projections but now expect we will deliver a lower loss for the fiscal year 2023 compared to previous forecasts. The strategic initiatives undertaken by the management team are anticipated to yield favorable results, enabling the group to achieve profitability sooner than previously anticipated."
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