/KASE, September 2, 2019/ – KAZ Minerals PLC (London), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with a report of KAZ Minerals PLC group for the period ending June 30, 2019:
quote
FINANCIAL HIGHLIGHTS
- Revenues of $1,052 million (H1 2018: $1,098 million)
– Production-driven 3% increase in copper sales volumes, offset by 11%
lower LME copper price
- EBITDA of $620 million representing a 59% margin (H1 2018: $690 million,
63% margin)
- Operating profit of $410 million (H1 2018: $464 million)
- Industry leading first quartile net cash cost1 of 80 USc/lb (H1 2018: 82
USc/lb)
OPERATIONAL HIGHLIGHTS
- Copper production increased by 6% to 147.6 kt (H1 2018: 139.6 kt)
- Aktogay achieved record first half production of 74.1 kt (H1 2018: 60.5 kt)
- On track to achieve full year guidance for main products of copper and gold
unquote
The report is available on KASE website–
http://kase.kz/files/emitters/GB_KZMS/gb_kzms_reliz_150819_1.pdf
[2019-09-02]