Uranium miner Kazatomprom's Q3 profit surges on higher sales

Natsional'naya Atomnaya Kompaniya Kazatomprom AO

25/11/2022 08:02

Nov 25 (Reuters) - Kazakhstan's Kazatomprom  KZAP.KZ 
 KAPq.L , the world's biggest uranium miner, reported a nearly
sevenfold year-on-year increase in third-quarter profit on
Friday as its physical sales volume doubled in the same period.
    According to the company's financial report, its quarterly
profit stood at 138.9 billion tenge ($299 million), up from 20.8
billion tenge a year ago. Revenue tripled in the quarter to
285.8 billion tenge ($615 million).
    The company said in an earlier operations report the surge
in sales was largely due to the schedule of customer deliveries.
    ($1 = 464.6400 tenge)
 (Reporting by Olzhas Auyezov
Editing by Mark Potter)
 ((olzhas.auyezov@thomsonreuters.com; +7 727 2508 500; Reuters
Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net))