Asia Broadband Inc (OTCMKTS:AABB) Stock In Focus After Quarterly Earnings

As another trading week begins today, it is the right time to look into some companies which came into focus recently and one of those was Asia Broadband Inc (OTCMKTS:AABB). On April 26 the company came into the news cycle after it announced that it was in the final stages of finalizing its financial results for the first fiscal quarter that had ended on March 31, 2023.

However, the company did confirm at the time that it had made a gross profit of $4.6 million and that may have been the reason why the stock came into focus. The best performer for the company was its digital assets business which managed to contribute as much as $3.9 million in sales of the AABBG token.

It also included the sales of the Golden Baboons Mining Club NFT that had been launched back in February this year. It was also announced by the company that its traditional mining business continued its gold production up until the first quarter as well. These were some of the major milestones for Asia Broadband and the continued strong performance of its digital asset business proved to be one of the biggest highlights.