Freedom Holding Corp. increased its annual revenue by 15%
Author - Mansur Ismagulov
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Freedom Holding Corp. increased its revenue by 15% to $795.7 million for the 2023 fiscal year. Interest income grew by 142%, reaching $294.7 million, driven by the growth of the credit and trading portfolios, as well as an expanded share of bonds. The increase in total net interest income was supported by the active use of margin loans by Freedom Broker clients.
International holding Freedom Holding Corp. increased revenue by 15% to $795,700,000 for the fiscal year ending March 31, 2023.
Interest income grew by 142% to $294,700,000 million due to the expansion of credit and trading portfolios, as well as an increased share of bonds in the latter. Additionally, clients of Freedom Broker, part of the holding structure, more actively used margin loans, which also contributed to the growth of total net interest income.
Source: kz.kursiv.media
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