TechFlow reported that OSL Chairman Pan Chi-Wing revealed in an interview that the company's mid-year results for 2024 achieved a 17% revenue growth and over 300% increase in client assets within six months, driven by its participation in launching digital asset ETFs and other compliance-based product innovations in the first half of the year. Collaborations such as the partnership with global insurance giant Canopius and the inclusion of OSL Group (863.HK) shares in the MSCI Global Small Cap Index have also had positive impacts. OSL is currently seeking cross-industry collaborations with leading players, particularly focusing on opportunities that integrate traditional financial services with modern digital asset technologies.
Previous report, OSL Group released its interim results for the six months ended June 30, 2024, showing key performance metrics: IFRS revenue from its digital asset and blockchain platform business reached HK$123.8 million, up 17.7% year-on-year from HK$105.2 million. Loss from continuing operations decreased by 90.2% year-on-year to HK$9.6 million from HK$98.9 million.
