Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Revenue:        
Fee and commission income $ 122,237 $ 74,333 $ 336,178 $ 171,949
Net gain on trading securities 403 18,944 185,554 36,330
Interest income 22,907 7,374 61,047 16,571
Net gain/(loss) on foreign exchange operations 451 (1,413) 885 1,359
Net (loss)/gain on derivative (314) 995 (1,029) 149
TOTAL REVENUE, NET 145,684 100,233 582,635 226,358
Expense:        
Fee and commission expense 22,716 20,278 67,547 50,068
Interest expense 20,799 6,649 51,256 15,092
Operating expense 50,496 21,921 117,384 52,214
Provision for impairment losses 45 1,109 704 1,775
Other (income)/expense, net (64) 244 600 149
TOTAL EXPENSE 93,992 50,201 237,491 119,298
NET INCOME BEFORE INCOME TAX 51,692 50,032 345,144 107,060
Income tax expense (806) (7,711) (38,037) (16,900)
NET INCOME 50,886 42,321 307,107 90,160
Less: Net (loss)/income attributable to non-controlling interest in subsidiary (343) (53) (414) 243
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 51,229 42,374 307,521 89,917
OTHER COMPREHENSIVE INCOME        
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect 0 0 0 71
Foreign currency translation adjustments, net of tax effect (7,336) 6,851 (3,106) 4,565
COMPREHENSIVE INCOME BEFORE NON-CONTROLLING INTERESTS 43,550 49,172 304,001 94,796
Less: Comprehensive (loss)/income attributable to non-controlling interest in subsidiary (343) (53) (414) 243
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 43,893 $ 49,225 $ 304,415 $ 94,553
BASIC NET INCOME PER COMMON SHARE (In US Dollars) $ 0.85 $ 0.72 $ 5.18 $ 1.54
DILUTED NET INCOME PER COMMON SHARE (In US Dollars) $ 0.85 $ 0.72 $ 5.18 $ 1.54
Weighted average number of shares, basic (in shares) 59,534,712 58,395,606 59,326,201 58,370,521
Weighted average number of shares, diluted (in shares) 59,534,712 58,450,688 59,326,201 58,423,467