Asia Broadband Inc.’s (AABB) Strong Q1 2021 Balance Sheet Sets Foundation for Robust Performance, Fulfillment of Strategic Goal
Jun 4, 2021
- Asia Broadband recently released Q1 2021 results featuring a strong balance sheet as indicated by over $100 million in total assets, an increase of 283% from a similar period last year
- The results signal AABB’s highly liquid position to fully fund and rapidly grow its gold mining and cryptocurrency operations
- AABB intends to acquire high-yield gold mining assets to increase its physical gold holdings
- AABB recently hired a marketing firm to design an international marketing campaign to be rolled out in May
Asia Broadband (OTC: AABB), a company that utilizes its specific geographic expertise, experience, and extensive industry contacts to facilitate its innovative distribution process from the production and supply of base and precious metals in Mexico to its client sales networks in Asia, recently published its Q1 2021 results, featuring positives, including a highly liquid financial position, that set a strong foundation for growth in 2021 (https://ibn.fm/1nVtj).
As part of the published Q1 2021 results for the three months ending March 31, 2021, AABB’s balance sheet featured $106.4 million in total assets, compared to $27.8 million reported for Q1 2020 and a total of $48.7 million reported for the FY 2020, marking a…
NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB
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