State Mortgage Company OJSC ended 2024 with growth of financial indicators. The company's net profit amounted to 308 mln KGS, which is almost twice as much as in 2023 (164.8 mln KGS).

According to the statement of comprehensive income as of December 31, 2024, the main growth was provided by an increase in net interest income - it reached 394.6 million KGS against 267.6 million KGS a year earlier. Non-interest income also increased significantly to KGS 161 million, which is more than four times higher than the result of 2023 (KGS 36.9 million). Other income also had a significant impact, increasing from KGS 37.6 million to KGS 166.3 million.

Even despite the increase in operating expenses to 215.4 mln KGS (121.3 mln KGS in 2023), the company managed to show a net profit before tax of 340.3 mln KGS, compared to 183.3 mln KGS in the previous year.

At the same time, earnings per share decreased from 1,322.33 KGS in 2023 to 951 KGS in 2024. This is due to the increase in the number of shares in circulation. Thus, if as of January 1, 2023, the authorized capital of GIC amounted to 10 billion 739.5 million KGS, then as of January 1, 2024 - 32 billion 385.2 million KGS.