READEN HOLDING CORPORATION (OTC PINK: RHCO) ANNOUNCES FILING OF MARCH 31, 2024 FINANCIAL STATEMENTS WITH OTC MARKETS
READEN HOLDING CORPORATION (OTC PINK: RHCO), a leading Venture Capital Corporation active in the Fintech, Online Payment, and E-commerce sectors, announced today the submission of its financial statements for the quarters ending March 2024 to the OTC Markets Disclosure & News Service.
RHCO reported solid financial performance for the quarter ended March 2024, with a revenue increase of 37.8% compared to the quarter ended December 2023. Additionally, the Company achieved a net profit of $837,741 for this period.
This quarter's financial performance highlights the continued success and market acceptance of Readies, the cutting-edge payment solution developed by RHCO’s subsidiary, Finexeble S.R.O. Readies has been revolutionizing the payment industry since its launch in late 2021 by offering secure, efficient, and user-friendly services to both merchants and customers. With the recent rollout of blockchain-enabled features in Q4 2023, Readies now offers unparalleled security and advanced functionalities. The platform’s robust performance and innovative technology have set the stage for substantial growth in 2024, with expectations of generating significant monthly revenues and maintaining healthy profit margins.
Harry Westbroek, CEO of RHCO, commented, “We are thrilled with our Q1 2024 results, showcasing our company's resilience and growth trajectory. Our commitment to innovation, particularly through Readies, has been a cornerstone of our success. The integration of blockchain technology has been a game-changer, enhancing security and providing our users with even more reliable and efficient payment solutions. Looking ahead, we have numerous exciting initiatives in the pipeline aimed at further expanding our market presence and driving sustainable growth. Our team is dedicated to maintaining this momentum and delivering exceptional value to our shareholders. We appreciate the continued support and patience of our shareholders and are confident that 2024 will be a transformative year for RHCO.”
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: www.neckermanndirect.eu
Two Percent: www.twopercent.hk
Finexeble S.R.O.: finexeble.com
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