Bank of Georgia Group PLC (OTCPK:BDGSF)
$ 49 0 (0%) Market Cap: 2.35 Bil Enterprise Value: 2.18 Bil PE Ratio: 2.98 PB Ratio: 1.01 GF Score: 84/100

Half Year 2024 Bank of Georgia Group PLC Earnings Call Transcript

Aug 22, 2024 / 01:00PM GMT
Release Date Price: $54
Operator

Hello, welcome everybody to Bank of Georgia Group PLC's Earnings Call. Thank you all for joining. Today, we released and are presenting the group's consolidated financial results for the second quarter and the first half of 2024. As always, I'm joined on this call by the Group, CEO, Archil Gachechiladze, and we'll start as always again with the presentation and then we'll move on to the Q&A session. For your information, this call is being recorded.

And with that, I'll hand over to Archil.

Archil Gachechiladze
Bank of Georgia Group PLC - Chief Executive Officer, Executive Director

Thank you, Nini. Thank you for being on the call. We are seeing the numbers that are usual numbers pretty high, which is supervising given the fact that we are at the last decade of August, which basically means that you should be on vacation. I hope you did get a little bit of rest and vacation, and with that, let me dive into the numbers and quickly go through the numbers that we have, which are pretty decent.

So, we have return on equity of 28% with cost

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