Sucden Financial records 23% net revenue rise in 2018; profit climbs 33%

April 13, 2019 / www.metalbulletin.com / Article Link

Category-I London Metal Exchange broker Sucden Financial has released its latest financial results in which it recorded a net profit of ?16.4 million ($21.4 million) in the year ended December 31, 2018, while net revenues over the year were ?63 million, the company said in a statement this week.

The company's profit increase last year comes against a 2017 net profit of ?10.7 million, a 33% increase year on year. The broker's operating profits also increased compared to...

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