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[size=36]MasterCard says Corona virus will harm 1/1 results[/size]
Economy | 12:51 - 02/25/2020
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Follow-up - Mawazine News
MasterCard said net income in the first quarter was likely to drop by two to three percent due to the Corona virus.
The company added that it now expects revenue to grow by nine to ten percent in the current quarter as the virus affects travel and e-commerce across borders.
The credit card issuing company said it expects net revenue to grow on an annual basis this year at the minimum range between 13 and 19 percent.
The company added that it now expects revenue to grow by nine to ten percent in the current quarter as the virus affects travel and e-commerce across borders.
The credit card issuing company said it expects net revenue to grow on an annual basis this year at the minimum range between 13 and 19 percent.
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