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Kazatomprom Reports Strong 2024 Financial Results and Updates Long-Term Strategy

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Kazatomprom Reports Strong 2024 Financial Results and Updates Long-Term Strategy

An announcement from National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) is now available.

Kazatomprom announced a significant increase in its 2024 financial results, with a 26% rise in revenue and a 38% increase in adjusted net profit, driven by strong uranium market dynamics and the company’s strategic positioning. The company has updated its long-term strategy for 2025-2034, focusing on sustainable growth, expanding its exploration portfolio, and enhancing its role in the nuclear fuel cycle and rare metals market, while maintaining its commitment to stakeholder value and operational integrity.

More about National Atomic Company Kazatomprom JSC GDR RegS

National Atomic Company Kazatomprom JSC is a leading entity in the nuclear energy sector, primarily engaged in uranium mining and production. It is recognized as the world’s largest seller and lowest-cost producer of natural uranium, playing a crucial role in the global transition towards green energy by supporting nuclear power as a sustainable energy source.

YTD Price Performance: -2.15%

Average Trading Volume: 150

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $9.74B

For an in-depth examination of NATKY stock, go to TipRanks’ Stock Analysis page.

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