Transcorp H1 profit falls as forex and realty margins weaken

Transcorp H1 profit falls as forex and realty margins weaken

Key highlights Transcorp’s H1 consolidated profit after tax fell 1.9% to Rs 2.6792 crore. Total H1 revenue increased 1.5% to Rs 475.7063 crore from Rs 468.5207 crore. Forex and money-transfer segment result declined to Rs 2.0282 crore from Rs 2.1005 crore. Real-estate and building-rent loss widened to Rs 0.6707 crore from Rs 0.2923 crore. powered…

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USD/CAD Bounces Off Session Lows to Trade at About 1.3972

On Wednesday, the USD/CAD currency pair bounced back from the session lows of about 1.3929 to trade at about 1.3972. The currency pair trades within a slightly descending channel formation on the 60-minute chart. The pair continues to trade slightly below the 100-hour moving average line, despite the rebound. As a result, the currency pair…

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