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Kazatomprom Reports Revenue Growth Amid Price Challenges

Kazatomprom Reports Revenue Growth Amid Price Challenges

National Atomic Company Kazatomprom JSC Sponsored GDR RegS ( (NATKY) ) has released its Q3 earnings. Here is a breakdown of the information National Atomic Company Kazatomprom JSC Sponsored GDR RegS presented to its investors.

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National Atomic Company Kazatomprom JSC is a leading uranium production company based in Kazakhstan, involved in the mining, processing, and sale of uranium and other rare metals such as beryllium and tantalum. The company operates in the energy sector and is noted for its significant role in the global uranium market.

In its latest earnings report for the nine-month period ending September 30, 2025, Kazatomprom reported a revenue increase to 1,192,894 million Kazakhstani Tenge, up from 1,138,853 million Tenge in the same period of 2024. The company attributed this growth to a 10% increase in natural uranium sales volumes, despite a 6% decrease in the average selling price due to a decline in uranium spot prices.

Key financial highlights include a gross profit of 549,702 million Tenge, an increase from 446,032 million Tenge in the previous year, and a net profit of 532,915 million Tenge, down from 744,673 million Tenge. The company also reported a significant increase in finance income, which rose to 48,353 million Tenge from 20,530 million Tenge, reflecting improved financial management and investment returns.

Looking ahead, Kazatomprom’s management remains cautious about the impact of geopolitical factors, including anti-Russian sanctions, on its operations. However, the company is committed to mitigating risks and maintaining its position as a leading uranium supplier in the global market.

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