Fix Price receipts will begin trading on the Kazakhstan exchange AIX from October 17

Global Depositary Receipts Company Fix Price included in the quotation list of the Kazakhstan exchange AIX under the ticker FIXP.Y. Bidding starts on October 17, reported retailer press service.

Fix Price noted that they do not plan to issue new securities in connection with the entry into AIX. The company will also retain its listing on the London and Moscow exchanges.

The price of the company’s shares on the Moscow Exchange at 10:46 Moscow time was 361.4 rubles. – 0.87% more than at the close of the main trading session the day before. The main index of the trading platform amounted to 3221.69 points (+0.92%). Since the beginning of the year, the retailer’s quotes have increased by 7.3%, the benchmark – by 49.56%.

October 9 company Fix Price announced plans to transfer business from the jurisdiction of Cyprus to Kazakhstan. In case of a decision on redomiciliation, the company will be registered on the territory of the Astana International Financial Center in Kazakhstan (AIFC). By September 30, the chain of stores in the republic included 262 retail outlets.

In the first half of 2023, net profit Fix Price grew by 286% (3.9 times) to RUB 19.6 billion. Profitability for this indicator increased to 14.5% compared to 3.9% in the same period in 2022, the company said in its report. According to the document, the retailer’s revenue for six months increased by 3% in annual terms to 135.7 billion rubles. Retail revenue increased by 2.9% to RUB 120.1 billion, wholesale revenue by 3.3% to RUB 15.6 billion. LFL sales dynamics decreased by 6.6%.

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