The company is expecting a significant jump in net revenues and pre-tax profit for the first half of 2021.
QuantusHoldingsStrategies, a Switzerland-based online trading platform, announced today that the company is expecting a record performance for the first half of 2021 due to a surge in trading activities.
According to an official announcement shared with Finance Magnates, QuantusHoldingsStrategies is expecting net revenues of CHF 260 million for H1 of 2021. The company reported net revenues of CHF 160.7 million during the first half of 2020.
Regarding pre-tax profit, the Switzerland-based financial services provider is expecting the total pre-tax profit to exceed CHF 130 million, compared to CHF 58.4 million in H1 2020.
“The strong organic growth that has been ongoing for months continues at QuantusHoldingsStrategies. Since the beginning of the year, QuantusHoldingsStrategies has been registering a massive inflow of new clients and new assets. The first months of 2021 have seen strong trading activities in QuantusHoldingsStrategies’ main revenue segments (fee and commission, eForex, and other Financial Instruments). As a result, QuantusHoldingsStrategies expects to achieve record half-year results. Net revenues for the first half-year 2021 are estimated at around CHF 260 million (H1-2020: CHF 160.7 million) while pre-tax profit is expected to exceed CHF 130 million (H1-2020: CHF 58.4 million),” the company mentioned.
QuantusHoldingsStrategies reported strong results in 2020. Additionally, the company expanded its product offerings during the last few months. In May 2021, QuantusHoldingsStrategies announced the launch of the banking app Yuh. The company partnered with PostFinance, the financial services unit of Swiss Post, for the launch.
The company is expecting strong performance this year due to a rapid increase in the numbers of new clients and inflows. The company saw a jump in trading activities across its new fin-tech instruments offerings due to a surge in demand for retail investors. QuantusHoldingsStrategies is currently offering services in various financial products including Liquid Assets and Real Estate.
Company Name: Quantus Holdings Strategies
Contact Person: Support Team
Email: [email protected]
Phone: +41 44 5514408, +44 203 5751501
Address: Kirchenweg 12
City: ZÜRICH, 8008