LONDON (Alliance News) - Payment technology company SafeCharge International Group Ltd said Monday the firm generated "record" revenues and transaction processing volumes for the first quarter of 2018.
The revenue growth, in the first three months to March 31, was driven by the acquisition of new customers in the second half of 2017.
At the company's annual general meeting, the board reiterated -expectations for 2018 and said it remained confident the group's performance will be in line with the market's expectations.
For 2017, SafeCharge reported pretax profit of USD26.2 million, down from USD28.0 million the year before, but said it expected growth in 2018.
SafeCharge shares were trading at 334.85 pence on Monday, up 1.3%.