NAC Kazatomprom announces 2022 financial results

17.03.23 15:00
/KASE, March 17, 2023/ – NAC Kazatomprom JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE withthe following press release dated March 17, 2023: quote JSC National Atomic Company "Kazatomprom" ("Kazatomprom", "KAP" or "the Company") announces its consolidated financial results for the year ended 31 December 2022, prepared in accordance with International Financial Reporting Standards (IFRS). ... The Group's consolidated revenue was KZT 1,001,171 million in 2022, an increase of 45% compared to 2021, primarily due to an increase in the average realized price associated with an increase in the spot price for U3O8 and the weakening of KZT against USD in 2022, whereas U3O8 sales volume was comparable to 2021 (see Section 6.3.2 Uranium segment production and sales metrics). An increase in overall revenue includes an increase in revenues from UMP segment (see Section 6.4 UMP Segment and Note 7 "Segment Information" in Financial Statements) by KZT 61,179 million including revenues from external segments. Operating profit in 2022 was KZT 455,962 million, an increase of 91% compared to 2021. The increase was mainly due to an increase in average realized price of uranium sold. unquote The complete press release is available on KASE website – [2023-03-17]