UAE's Finablr posts 9.1% rise in first-half group income - Reuters:
United Arab Emirates-based payment solutions business Finablr (FINF.L), which listed in London in May, on Tuesday posted a 9.1% rise in half-year group income, saying earnings were at the upper end of its guidance.
Finablr reported adjusted group income of $742 million for the period ended June 30, up from $680.5 million in the same period a year earlier.
The company, whose brands include UAE Exchange, Travelex Holdings and Xpress Money, raised $400 million in an initial public offering on the London Stock Exchange earlier this year. Half of that amount was raised selling new shares.
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