/KASE, March 15, 2024/ – NAC Kazatomprom JSC (Astana), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release dated March 15, 2024:
quote
National Atomic Company "Kazatomprom" JSC ("Kazatomprom", "KAP" or "the
Company") announces its consolidated financial results for the year ended 31
December 2023, prepared in accordance with the International Financial Reporting
Standards (IFRS).
...
The Group's consolidated revenue was KZT 1,434,635 million in 2023, an increase
of 43% compared to 2022 (in 2022 the Group's consolidated revenue was KZT
1,001,171 million). The increase is mainly due to:
- the growth in the average realized price associated with an increase in the
market spot price for U3O8;
- an increase in sales volume of U3O8 mainly related to additional requests from
customers to flex up their annual delivery quantities within the frame of
existing contracts, as well as some new long-term contracts with the delivery
in a prompt window during 2023;
- increase in revenue from sale of enriched uranium and other uranium products
(including fuel pellets and tolling services) related to growth of FA
deliveries by Ulba-FA in 2023, and an increase in revenue from UMP segment
rare metal products.
Operating profit in 2023 was KZT 680,812 million, an increase of 49% compared to
2022 (KZT 455,962 million in 2022). The increase was mainly due to a higher
revenue in 2023 as indicated above.
Net profit in 2023 was KZT 580,335 million, an increase of 23% compared to 2022
( KZT 472,963 million in 2022). The increase was mainly due to a higher
operating profit in 2023.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/KZAP/kzap_relizs_150324.pdf
[2024-03-15]