Halyk Bank of Kazakhstan announced consolidated financial results for six months ended June 30, 2025

19.08.25 12:05
/KASE, August 19, 2025/ – Halyk Bank of Kazakhstan JSC (KASE ticker – HSBK) reported the following: quote August 19, 2025 Joint Stock Company 'Halyk Bank of Kazakhstan' and its subsidiaries (together "the Bank") (LSE: HSBK; KASE: HSBK, HSBKd; AIX: HSBK, HSBK.Y) releases interim condensed consolidated financial information for the six months ended 30 June 2025. ... Net income attributable to common shareholders for 1H 2025 is up 39.4% year- on-year thanks to increase in lending and transactional businesses and due to the base effect of one-off recognized loss in a view of expected early repayment of the deposit of KSF in accordance with the IFRS in 1H 2024. Net income was negatively affected by excess profits tax, which was introduced on profit from certain banking operations for 2025 only. The net income growth, adjusted to repayment of the deposit of KSF and excess profits tax, would be 19.8%. Interest income* for 1H 2025 was up 27.4% vs. 1H 2024 mainly due to increase of average balances of loans to customers. Interest expense for 1H 2025 increased by 27.6% vs. 1H 2024 mainly as a result of the increase in average rate and balances of amounts due to customers, as well as the growth in the share of KZT amounts due to customers. *Interest income calculated using the effective interest method and other interest income. unquote Full version of the press release in Russian – https://kase.kz/files/emitters/HSBK/hsbk_relizs_190825_1_ru.pdf Full version of the press release in English – https://kase.kz/files/emitters/HSBK/hsbk_relizs__190825_1_en.pdf [2025-08-19]