News Column

Net profit of Baiterek JSC makes up $64.5 million in H1 2014

July 24, 2014

Net profit of the National Management Holding Baiterek JSC in the first half of this year equaled $64.5 million, the Holding's press service reported on the results of the meeting of the Board of Directors led by Prime Minister of Kazakhstan Karim Massimov.

In H1 2014, according to preliminary unaudited data, the amount of assets of the Holding was 2.113.449 million tenge ($11.5 billion).

The Holding's income during the reporting period totaled $401.9 million, the Holding said.

The total net profit of subsidiaries of Baiterek amounted to approximately $217.9 million .

During the reporting period, Baiterek provided 7,179 housing loans amounting to $178.1 million, funded 15 projects totaling $295.8 million, commissioned six projects worth $255 million, supported 17 export operations worth $9.2 million.

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Source: AKIpress News Agency (Kyrgyz Republic)

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