SET-listed XSpring Capital (XPG), formerly known as Seamico Securities Plc, expects to gain minimum net profit of 100 million baht this year and is targeting a profit surge next year, in line with strong growth in the digital asset business. Rathian Srimongkol, chairman of XPG, said the comprehensive ecosystem of the company's digital asset business as well as low-base factor would contribute to profit growth. Full-range licences of digital asset service and partnership strategy are the key factors in building up the company's comprehensive ecosystem. For the first half of this year, the company booked net profit of 65 million baht. Apart from the new S-curve digital asset market, our low-base is another key factor contributing profit at an aggressive growth rate," he said.

Source: Bangkok Post August 17, 2021 23:48 UTC