Hampton Financial Sees Q2 Revenue Decline

Hampton Financial (TSE:HFC) has released an update.

Hampton Financial Corporation reports a 25% drop in Q2 revenues to $1.86 million and a net loss of $751,000, an improvement from last year’s losses. In a tough financial services climate marked by rising interest rates and global uncertainties, the firm acquired Oxygen Working Capital Corp to bolster its commercial lending and anticipates a stronger performance in the latter half of the year.

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