iFast Q1 profit up 49.4% to S$28 million
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iFast Corporation reported a 47.3% increase in net profit to S$28 million for Q1 2026, driven by growth in its wealth management and Hong Kong ePension businesses. Revenue rose 49.4% to S$136.8 million. Earnings per share increased by 44.4% to S$0.092, with an interim dividend of S$0.025 declared. The company expects continued growth, targeting S$100 billion in assets under administration by 2030. Despite a 1.1% drop in share price to S$9.49 before the announcement, iFast remains optimistic about its future prospects and ongoing Three-Year Plan (2026-2028).
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