RESMI Finance & Investment House Announced 3Q Results
OREANDA-NEWS. November 22, 2011. Under the adopted strategy "transformation" IFD RESMI continues investments to the service and modernization of its products line to provide convenient for clients quality financial support on the exchange market, reported the press-centre of KASE.
As previously emphasized, "the applied value of organizational and strategic changes in IFD RESMI relates to modern leaving investment projects focusing on new perspective areas on behalf of clients and shareholders".
The revision of IFD RESMI business model positively influenced on financial indicators of the company. In particular, IFD RESMI generated the income from its operational activities in the size of KZT275.5 mln - by KZT68.1 mln higher if compared with the third quarter of 2010. The income from investments withdrawal increased by 2.4 times - from KZT72.5 mln in 2010 to KZT168.1 mln in the reporting period.
By results of 9 months of 2011, the net income made up KZT60 mln, IFD RESMI own portfolio increased by KZT74 mln, administrative and operational costs have decreased.
"IFD RESMI financial results" results from the company launched processes aimed at strategic and operational reengineering in order to improve future sustainability of the company", - said IFD RESMI Management Board Chairman Alexander Manaenko.
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