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IN BRIEF: ICFG profit falls as listing costs weigh

ALN

ICFG Ltd - investment company established to acquire businesses focused on improving the delivery and use of financial services in Asia, formerly known as Fintech Asia Ltd - Reports 2025 pretax profit fell 51% to $15.7 million from $31.9 million, despite net interest income rising 31% to $54.4 million and net operating income increasing 17% to $56.8 million. Profit was weighed down by a $16.0 million listing expense, a tripling of expected credit loss provisions and higher operating costs. Following publication of its audited annual report on Thursday, the company says it will apply to restore the listing and trading of its shares after a temporary suspension imposed in May, adding it remains committed to high standards of corporate governance and regulatory compliance.

Current stock price: 14.50 pence

12-month change: down 60%

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