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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Revenue:    
Fee and commission income $ 97,406,000 $ 43,339,000
Interest income 18,077,000 4,249,000
Net gain on trading securities 9,900,000 9,084,000
Net loss on foreign exchange operations (1,187,000) (248,000)
Net loss on derivative (59,000) (9,000)
TOTAL REVENUE, NET 124,137,000 56,415,000
Expense:    
Fee and commission expense 21,863,000 9,769,000
Interest expense 14,272,000 3,744,000
Operating expense 30,318,000 14,426,000
Provision for impairment losses/(recoveries) 293,000 (378,000)
Other expense/(income), net 14,000 (27,000)
TOTAL EXPENSE 66,760,000 27,534,000
NET INCOME BEFORE INCOME TAX 57,377,000 28,881,000
Income tax expense (5,669,000) (4,605,000)
NET INCOME 51,708,000 24,276,000
Less: Net (loss)/ income attributable to noncontrolling interest in subsidiary (52,000) 423,000
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS 51,760,000 23,853,000
OTHER COMPREHENSIVE INCOME    
Reclassification adjustment relating to available-for-sale investments disposed of in the period, net of tax effect 0 71,000
Foreign currency translation adjustments, net of tax effect 3,300,000 8,633,000
COMPREHENSIVE INCOME BEFORE NONCONTROLLING INTERESTS 55,008,000 32,980,000
Less: Comprehensive (loss)/income attributable to noncontrolling interest in subsidiary (52,000) 423,000
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 55,060,000 $ 32,557,000
BASIC NET INCOME PER COMMON SHARE (In US Dollars) $ 0.87 $ 0.42
DILUTED NET INCOME PER COMMON SHARE (In US Dollars) $ 0.87 $ 0.42
Weighted average number of shares (basic) 59,474,712 58,358,212
Weighted average number of shares (diluted) 59,531,446 58,455,675

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