Tech: Shares in Fintech Chain take a hit as blockchain revenue falls to zero

   2019-12-02 00:12

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Fintech Chain (ASX:FTC) presented its interim six-month financial report this morning, but the result left investors underwhelmed.
The company reported revenue to the end of September of 17.796m Chinese yuan ($3.7m), a decline of 37 per cent from the prior year comparative period of 28.3m yuan ($5.94m).
The company also said it had extended the terms of an 3m yuan convertible note facility with an “unrelated party”, that was initially signed on May 31, 2017. However, in …




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