Brief: Kaspi.kz adjusted 9-mth profit up 36% y/y
24/10/2022 07:14
Oct 24 (Reuters) - Kazakh fintech firm Kaspi.kz
KSPI.KZ says:
* Nine months 2022 consolidated adjusted net income up 36%
year-over-year to 422 billion tenge ($893.58 million)
* We now expect Kaspi.kz's consolidated adjusted net income
to
grow above 30% year-over-year in 2022 (vs previous guidance of
27-30% growth)
* Based on our Q3 2022 results, our board of directors has
proposed a dividend of kzt600/GDR, subject to shareholder
approval
* Our board of directors has approved a new 4-month GDR
repurchase
program of up to $100 million
* We remain committed to taking steps to ensure Kaspi.kz is
listed
on most appropriate exchange
* Timing of this event is difficult to predict but hopefully
market conditions will be right in 2023
Source text for Eikon: ID:nRSX8411Da
Further company coverage: KSPI.KZ
($1 = 472.2600 tenge)
(Reporting by Olzhas Auyezov, Editing by Louise Heavens)
((Olzhas.Auyezov@thomsonreuters.com;))