KAZ Minerals PLC (United Kingdom) presents H1 2019 report of KAZ Minerals group

02.09.19 12:47
/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]