MobilityOne Ltd - e-commerce infrastructure payments and platform provider - Expects to record a lower profit after tax in 2021 mainly due to higher administration expenses. Expects to generate 2021 revenue of GBP255.7 million from GBP246.7 million in 2020, though post-tax profit is seen at GBP1.5 million, down from GBP1.6 million in 2020.
"Directors remain positive on the group's outlook for 2022 noting that the e-payments industry is expected to continue to grow in Malaysia and that the group will continue to enhance its product offering," it says.
Current stock price: 8.80 pence
12-month change: down 7.4%
By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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Mobilityone (MBO)