There are 19 investment companies on the market, and at the beginning of the year there were 21 structures in the country.
The most profitable investment company is Halyk Finance: the company's net profit for eight months has amounted to 1.63 billion tenge, decreasing by 17.2% though for the year. BCC Invest is the second in terms of net profit: 1.59 billion tenge, annual growth amounted to 30.1%. Kazkommerts Securities closes the top three in terms of profit: the profit amounted to 1.5 billion tenge - 20.1% less than for the same period last year.
Three investment companies have suffered losses totaling 1.23 billion tenge for the period of January-August. The anti-rating leader Freedom Finance lost 1.2 billion tenge, while the company’s results were also negative by 1.5 billion for the same period last year.
The loss of CAIFC INVESTMENT GROUP amounted to 14.5 million tenge and RESMI Investment Finance House - 9.7 million tenge.
Private Asset Management has the largest increase in net profit, the amount of which has grown by more than 10 times per year, from 11.9 million tenge in 2018 to 128.5 million tenge in 2019. Eurasian Capital is in the second place in terms of net profit growth: + 35.5% per year, from 47.4 million to 64.3 million tenge. The net profit of BCC Invest has increased by 30.1% compared to the same period last year, to 1.6 billion tenge. Alibi Securities (+ 25.1% per year, from 5.1 million to 6.3 million tenge) and ORDA-Capital (+ 16.1%, from 57.1 million to 66.2 million tenge) are in the top five in terms of net profit.
Photos are from open sources.