Teniz Capital Investment Banking reports 2023 performance

16.02.24 15:10
/KASE, February 16, 2024/ – Teniz Capital Investment Banking JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote Teniz Capital Investment Banking JSC (hereinafter – the Company) reports its operating results for 2023 (preliminary unaudited data is posted on the website of Kazakhstan Stock Exchange JSC). Key financial performance indicators for 2023: - net profit amounted to 518 million tenge (2022: 31 million tenge); - return on equity (ROE) ratio was 44.5% (2022: 6.8%); - commission income amounted to 477 million tenge, increasing by 5.5 times compared to last year (86 million); - equity capital as of the end of 2023 amounted to 1,845 million tenge, having increased by 1,365 million tenge (+284%) due to the earned income, as well as additional capitalization of the Company in the amount of 847 million tenge; - operating expenses increased by 245% and amounted to 346 million tenge due to an increase in the number of employees and increased costs for information technology and professional services. unquote This information is available on – https://kase.kz/files/emitters/TCIB/tcib_relizs_150224.pdf [2024-02-16]