READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES FILING OF JUNE 30, 2024 ANNUAL FINANCIAL STATEMENTS WITH OTC MARKETS, ACHIEVING NET PROFIT AND STRATEGIC EXPANSION IN FINTECH
READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation specializing in Fintech, Online Payment, and E-commerce, announced today that the Company has filed its financial statements for the year ending June 30, 2024, with OTC Markets Disclosure & News Service.
RHCO continues to demonstrate strong financial performance, reporting a net profit of $935,434 for the year ended June 30, 2024. The Company’s sustained progress further underscores its ability to adapt to market changes and optimize its operations across its diverse portfolio of subsidiaries.
Through years of dedicated effort, RHCO has successfully transformed into a company with 90% of its focus now centered on Fintech, representing a significant shift from its trading origins. This strategic pivot aligns with the rapidly expanding opportunities in the Fintech industry, enabling RHCO to scale its subsidiaries, including OkePay, Oke Partners (OkeApp), and Readies, to new heights.
Notably, Readies — RHCO’s innovative blockchain-enabled payment solution — continues to gain traction among merchants in various sectors. With an upgraded version introduced last year and its recent integration with OpenCart, Readies has substantially increased its merchant and customer base, reinforcing RHCO's position in the evolving Fintech ecosystem.
Ridzky Berg, CEO of RHCO, stated, "We are incredibly proud of our achievements this year, with significant growth, particularly in the Fintech sector, reflecting our team's innovative drive and strategic vision. Our ability to offer seamless payment solutions, including support for cryptocurrencies and blockchain technologies, has solidified our position as a leader in the evolving financial technology landscape. As a Fintech-focused company, we are excited to embark on even bigger and more ambitious ventures in 2025 and beyond. The future holds many exciting developments, and we are ready to seize these opportunities. We extend our sincere gratitude to our shareholders for their continued trust and support, and we look forward to another year of remarkable progress and success."
Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors, such as;
OkePay: www.okepay.biz
OkePay VPOS: www.okepay.biz/vpos
Oke Partners / OkeApp: www.okepartners.com
Oke Travel Club: www.oketravelclub.com
OkToken: oktoken.biz
Readies: www.readies.biz
Neckermann Direct: www.neckermanndirect.eu
Two Percent: www.twopercent.hk
RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.
For further information please contact RHCO at info@readenholdingcorp.com
or +852 3950 5911
The RHCO corporate email address is info@readenholdingcorp.com
The RHCO corporate website can be accessed at www.readenholdingcorp.com
The RHCO Twitter account can be accessed at https://twitter.com/readenrhco
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.
Contact
Readen Holding Corp.
info@readenholdingcorp.com
+852 3950 5911
Readen Holding Corp., RHCO announcement