Data: Phoenix Group Q1 Financial Report: Net profit reached 66.2 million USD, a year-on-year increase of 166%

2024-05-18 16:06:19
Collection

ChainCatcher news, according to GlobeNewswire, Bitcoin-listed mining company and blockchain technology provider Phoenix Group announced its Q1 financial report, with the following highlights:

  1. Net profit reached $66.2 million, a year-on-year increase of 166%;

  2. Total assets increased by 237% year-on-year, rising from $261 million to $879.3 million;

  3. Total assets grew by 5% quarter-on-quarter;

  4. Revenue increased by 18% quarter-on-quarter, reaching $68.9 million;

  5. Gross profit grew by 82.8% quarter-on-quarter, reaching $23.28 million;

  6. Total comprehensive income increased by 312% year-on-year to $102.28 million, and grew by 33.7% quarter-on-quarter;

  7. Earnings per share were $0.011.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators