Brief: Kaspi.kz Q2 profit jumps 46% y/y, upgrades 2023 guidance

Kaspi.kz AO

24/07/2023 07:12

July 24 (Reuters) - Kazakh fintech and banking firm
Kaspi.kz  KSPI.KZ   KSPIq.L :
    * Q2 REVENUE ROSE 51% TO 448.0 BILLION TENGE ($1 BILLION)
    * Q2 ADJUSTED NET INCOME 198 BILLION TENGE ($444.69
MILLION), UP
46% YEAR-OVER-YEAR
    * 2023 CONSOLIDATED ADJUSTED NET INCOME GROWTH GUIDANCE
UPGRADED
TO ABOVE 30% YEAR-OVER-YEAR FROM AROUND 25%
    * BASED ON Q2 2023 RESULTS, BOARD OF DIRECTORS HAS PROPOSED
A
DIVIDEND OF 750 TENGE ($1.68) PER GDR, SUBJECT TO SHAREHOLDER
APPROVAL
    * NEW $100 MILLION GDR REPURCHASE PROGRAM TO BE LAUNCHED

Source text for Eikon:  ID:nRSX9360Ga 
Further company coverage:  KSPI.KZ 

($1 = 445.2500 tenge)

 (Reporting by Olzhas Auyezov, Editing by Louise Heavens)
 ((Olzhas.Auyezov@thomsonreuters.com;))