07:43 AM EDT, 04/22/2024 (MT Newswires) -- Joint Stock Company Kaspi.kz (KSPI) reported Q1 net income Monday of 223.44 billion Kazakhstani tenge ($500 million), up from 174.21 billion tenge a year earlier.

Two analysts polled by Capital IQ expected 220.42 billion tenge.

Revenue for the quarter ended March 31 was 552.81 billion tenge, up from 395 billion tenge a year earlier.

Three analysts surveyed by Capital IQ expected 525.53 billion tenge.

Kaspi.kz's shares rose more than 4% in recent premarket activity.