Business · Companies · 6 hrs ago
GCash parent Mynt reports higher revenue and profit over nine months
Mynt, the parent company of GCash, reported growth in revenue and net income over a nine-month period.
Revenue rose 12.2% to $1.1 billion.
Net income increased 17.4% to 16.5 billion pesos, or $261 million.
The figures show both measures were higher than in the comparison period.
The update gives no exact dates for the nine-month period.
It does not say what Mynt plans to do next.
Mynt, the parent company of GCash, reported higher revenue and net income for a nine-month period.
Revenue rose 12.2% to US$1.1 billion.
Net income rose 17.4% to 16.5 billion pesos, or US$261 million.
- Who
- Mynt, the parent company of GCash.
- What
- It reported a 12.2% increase in revenue and a 17.4% increase in net income.
- When
- The results cover a nine-month period; the period’s dates are not stated.
- Where
- Not stated.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Revenue
- US$1.1 billion
- Revenue growth
- 12.2%
- Net income
- 16.5 billion pesos (US$261 million)
- Net income growth
- 17.4%