Kaspi.kz JSC (KSPI, Financial), a leading financial technology company in Kazakhstan, held its Annual General Meeting on March 28, 2025, where several important resolutions were passed. The company approved its 2024 annual audited financial statements and decided not to pay additional dividends for 2024, considering the dividends already paid quarterly. Additionally, Deloitte LLP was reappointed as the external auditor for the 2025 financial statements.
Positive Aspects
- Approval of the 2024 annual audited financial statements, indicating transparency and compliance.
- Reappointment of Deloitte LLP as the external auditor, ensuring continuity and reliability in financial auditing.
Negative Aspects
- No additional dividends will be paid for 2024, which might disappoint some shareholders expecting further returns.
Financial Analyst Perspective
From a financial analyst's viewpoint, the approval of the 2024 audited financial statements is a positive indicator of Kaspi.kz's financial health and governance. The decision not to pay additional dividends could be seen as a strategic move to retain earnings for future investments or to strengthen the company's balance sheet. The reappointment of Deloitte LLP as the external auditor suggests a commitment to maintaining high auditing standards.
Market Research Analyst Perspective
As a market research analyst, the resolutions passed at Kaspi.kz's AGM reflect a stable and strategic approach to financial management. The decision to withhold further dividends may indicate a focus on long-term growth and investment in new projects or technologies. This could position Kaspi.kz favorably in the competitive fintech landscape, especially in emerging markets like Kazakhstan.
Frequently Asked Questions
Q: What was approved at Kaspi.kz's Annual General Meeting?
A: The 2024 annual audited financial statements were approved, and Deloitte LLP was reappointed as the external auditor for 2025.
Q: Will Kaspi.kz pay additional dividends for 2024?
A: No, considering the dividends already paid quarterly in 2024, no additional dividends will be distributed.
Q: Who is the external auditor for Kaspi.kz in 2025?
A: Deloitte LLP has been reappointed as the external auditor for the 2025 financial statements.
Read the original press release here.
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