18 Nov 2021
Readen Holding Corporation (OTC Pick: RHCO) Announces Filing of September 30, 2021 Financial Statements with OTC Markets
READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced that the Company has filed its financial statements for the quarter ending September 30, 2021 with OTC Markets Disclosure & News Service. RHCO reported an increase in Revenues of 8% compared to 2020. The Company recorded a minor loss yet Net Assets saw an increase of 4%. The result was mainly due to the launching delay of OkeApp ( www.okepartners.com ), the Companys new discount referral app which has been building its merchant base continuously, and also the delayed relaunch of Two Percent Online Store ( www.twopercent.hk ), which is operating currently.
Richard Klitsie, CEO of RHCO stated, "The Company wishes to thank all of its shareholders for their patience and support during this time. During this period the Company has been undergoing several major acquisitions and product launches. All these investments are effectively upgrading the Company to a stronger and profitable position, also focusing more on the Fintech, Online Payment and E-commerce industries. All members of RHCO are confident towards a profitable quarter and year ahead."