If he really wanted to, Matt Moulding the boss and co-founder of the Hut Group, now called THG PLC (LSE:THG), could probably take his company private again..
By Reuters Staff
(Adds details)
ALMATY, March 1 (Reuters) - Kazakh fintech firm Kaspi.kz said on Monday its 2020 net income jumped 33.6% to 263.3 billion tenge ($630 million) and proposed a dividend payout of around 171 billion tenge ($409 million), subject to shareholder approval.
The company, which has benefited a surge in online shopping due to COVID-19 lockdowns, said adjusted for share-based compensation in 2020, its net income was up 43.2%. It guided investors for another year of strong profit growth.
“We expect our 2021 adjusted net income to be around 410 billion tenge, up from 274 billion tenge in 2020,” the firm, which listed in London last year, said in a statement.