Company Announcements

Kaspi.kz Reports Strong Growth in 2024 H1 Financials

Kaspi.kz JSC Sponsored ADR RegS (KSPI) has released an update.

Kaspi.kz JSC, a leading Kazakhstani fintech company, reports a robust financial performance in the second quarter and first half of 2024, with revenue and net income surging by 36% and 25% year-over-year, respectively. The company’s Payments and Marketplace Platforms, particularly the e-Commerce and e-Grocery sectors, have shown exceptional growth, contributing substantially to the overall profits. With ongoing expansions, including entering new markets, and the launch of innovative services such as brand advertising, Kaspi.kz is committed to maintaining its trajectory of growth and delivering value to its customers and shareholders.

For further insights into KSPI stock, check out TipRanks’ Stock Analysis page.

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