/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 –
https://kase.kz/files/emitters/FRHC_KZ/frhc_kz_relizs_150223_1.pdf
[2023-02-16]