NasdaqCM:FRHCCapital Markets
Does Freedom Holding's (FRHC) $2B Kazakhstan AI Hub Offset Weak Q2 Results?
Freedom Holding Corp. recently reported second-quarter results for the period ended September 30, 2025, with revenue of US$526.11 million and net income of US$38.72 million, both down compared to a year ago, and also announced an agreement to develop a US$2 billion Sovereign AI Hub in Kazakhstan in partnership with the country's Ministry of Artificial Intelligence and Digital Development.
This combination of financial results and the launch of a major digital infrastructure project positions...