Shareholders of the Exchange take note of information on KASE's activities for 2022

30.05.23 18:29
/KASE, May 30, 2023/ – As previously announced, the annual general meeting of shareholders of Kazakhstan Stock Exchange (KASE, or the Exchange), which took place on May 30, 2023, made decisions related to KASE's activities. The Exchange's shareholders, among other things, took note of the information on KASE's activities in 2022 and approved the annual audited consolidated and separate financial statements of the Exchange for 2022. Based on the results of KASE's activities in 2022, the total trading volume amounted to 261.6 trillion tenge, having increased by 50%, or 87.2 trillion tenge, compared to 2021. According to the audited consolidated financial statements for 2022, the financial and economic activities of the KASE Group in 2022 are characterized by the following indicators: − revenues amounted to 11.9 billion tenge, which is higher than the result of the previous year by 65.8%. Revenues from services and commissions amounted to 5.7 billion tenge: an increase of 34.6%. Interest income amounted to 6.4 billion tenge, having increased 2.1 times; − expenses amounted to 4 billion tenge, having increased by 37% compared to the previous year; − net profit reached 6.8 billion tenge, which is higher than the result of the previous year by 74.6%; − assets amounted to 12,109.7 billion tenge, having increased 2.8 times compared to the previous year. In 2022, the Exchange implemented a number of projects, including: – launched the calculation and publication of a series of indices of the government securities market of the Republic of Kazakhstan (GS); – implemented an updated version of the TCS ASTS+, which allows trading by subscription; – launched a browser-based version of the information product "IRIS Finance"; – introduced the possibility of making repo transactions with the central counterparty (CCP) in general collateral certificates. The press release on the results of the annual general meeting of shareholders of the Exchange is available on KASE website: - – in Kazakh; - – in Russian; - – in English. [2023-05-30]