Halyk Bank of Kazakhstan (LON:HSBK) Full Year 2023 Results

Key Financial Results

• Revenue: ?1.03t (up 4.1% from FY 2022).

• Net income: ?693.4b (up 25% from FY 2022).

• Profit margin: 67% (up from 56% in FY 2022). The increase in margin was primarily driven by lower expenses.

• EPS: ?2,544 (up from ?2,034 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Halyk Bank of Kazakhstan Earnings Insights

Looking ahead, revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Banks industry in the United Kingdom.

Performance of the British Banks industry.

The company's shares are down 1.7% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Halyk Bank of Kazakhstan, and understanding it should be part of your investment process.

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