Freedom Holding Corp. has increased its quarter profit by 4.2 times, according to a report published on the website of the U.S. Securities and Exchange Commission (SEC). In the second quarter of the 2024 fiscal year (from July to September 2023), the company reported $115.5 million in net profit compared to $27.2 million over the same period last year.
Over the reported period, Freedom increased its revenue by 2.4 times to $435.6 million or by 4.3 times to $1.97 per share. The company’s business in Central Asia accounted for $387.2 million in revenue, including $167 million from Freedom Bank...