29.04.2015 - MasterCard increased its profit by 17%
MasterCard issued a statement for the first quarter, according to which the profit increased by 17%, against the background of increasing the number of purchases and reduced operating costs. Thus, the profit for the period totaled $ 1 billion, against 870 million in the same period last year. At the same time the company's revenue increased by 2.7% to 2.23 billion dollars. The company continues to increase its customer base on the markets dominated by Visa. During the year the company's shares rose by 25% and will probably accelerate the pace of growth this year to 25-30% for the year.