/KASE, February 16, 2023/ – Freedom Holding Corp. (USA), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated February 15, 2023:

quote

For the three months ended December 31, 2022 and 2021, the holding's revenue amounted to $214.5 million and $155.2 million, respectively. The change in revenue by $59.3 million, or 38%, was mainly due to an increase in:

• interest income of the issuer by 138 %, or $46.6 million, from $33.7 million to $80.3 million. This growth is due to an increase in the trading portfolio and the expansion of the share of bonds in it, interest income on margin loans as a result of their wider use by customers, as well as an increase in the company's loan portfolio;
• net income from foreign exchange transactions by $19.5 million, securities trading by $17.8 million;
• insurance income from $21.4 million to $28.6 million;
• net expense on derivatives of $21.2 million due to currency swaps for short- term financing of the company's operations.

unquote

The full version of the press release is available on – see more

[2023-02-16]