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AsiaFIN Holdings Corp. (OTCQB: ASFH) reported financial results for the first quarter of 2026 ended March 31, 2026, showing strong revenue growth and a substantial reduction in net losses compared with the first quarter of 2025.
KC Wong, AsiaFIN’s CEO, said the company delivered another quarter of financial improvement in the first quarter of 2026, with revenue increasing more than 100% year-over-year to approximately $1.28 million.
He attributed the improvement to a shift from negative to positive profitability, noting that gross margin moved from a negative gross margin in the first quarter of 2025 to a positive 26.7% in the current quarter. Mr. Wong also said net losses were substantially reduced compared with the same period last year.
He further stated that with the company’s Software as a Service (SaaS) revenue model taking shape, it is beginning to see recurring revenue contributions in the quarter and expects the trend to support future business growth.
The company also referenced its condensed consolidated balance sheets as of March 31, 2026 (unaudited) and December 31, 2025 (audited), describing assets, liabilities and equity positions and illustrating ongoing liquidity and capital structure changes.
AsiaFIN Holdings Corp. (OTCQB: ASFH) is a Nevada corporation operating through wholly owned subsidiaries in Malaysia, Hong Kong and the British Virgin Islands. The company focuses on becoming a “financial ecosystem enabler” through fintech, Regulatory Technology (RegTech), ESG Consultancy & Reporting, and Robotic Process Automation (RPA) services. AsiaFIN provides services to more than 90 financial institutions and over 100 corporate clients in the Asia and Middle East region, including Malaysia, Myanmar, the Philippines, Indonesia, Bangladesh, Pakistan, Thailand, Singapore and Saudi Arabia.
The company noted that the press release includes forward-looking statements subject to risks and uncertainties, and that it undertakes no obligation to update such statements to reflect changed conditions.
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