Financial News
FingerMotion Inc. (NASDAQ: FNGR) Optimizing its Product Mix and Exploring New Opportunities in Huge and Growing Chinese Market
- FingerMotion posted a 37% YOY revenue growth for the 2021 financial year
- The company’s Telecommunications Products and Services category posted the highest growth at 170%
- The company looks to build on this performance by capitalizing on the opportunities within China and, more specifically, the mobile payment and mobile recharge platform solutions market
- Its successful strategy is based upon pushing gross margins by offering new products and services and improving existing ones
In June 2022, FingerMotion (NASDAQ: FNGR) released its financial results for the year ended February 28, 2022. Of note in the report was the 37% year-over-year (“YOY”) growth in overall revenue, mainly fueled by the growth of Telecommunications Products and Services, which posted a 170% growth from the previous year (https://ibn.fm/nCpFs).
When making the announcement, Martin Shen, FingerMotion’s Chief Executive officer (“CEO”), noted…
NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR
About ChineseWire
ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.
To receive SMS text alerts from ChineseWire, text “China” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.ChineseWire.com
Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer
ChineseWire (CW)
Los Angeles, California
www.ChineseWire.com
310.299.1717 Office
Editor@ChineseWire.com
ChineseWire is part of the InvestorBrandNetwork.
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.