Kazatomprom Profit Surges on Soaring Uranium Prices

Dow Jones

03-19

By Helena Smolak

Uranium producer Kazatomprom's full-year profit and revenue surged last year on soaring prices.

Kazakhstan's state uranium company said Wednesday that its net profit surged to 1.13 trillion Kazakh tenge ($2.27 billion) in 2024 from 580 billion tenge the year before

As a result, revenue rose 26% to 1.81 trillion tenge, while operating profit increased 19% to 807 billion tenge.

The company issued a midterm strategy for 2025 through 2034 with the objective of focusing on uranium mining as its core business and expanding its rare and rare-earth metals segment.

Write to Helena Smolak at helena.smolak@wsj.com

(END) Dow Jones Newswires

March 19, 2025 04:07 ET (08:07 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4156","symbol_name":"煤与消费用燃料","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2520256439","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520256439","pubTimestamp":1742371620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Uranium producer Kazatomprom's full-year profit and revenue surged last year on soaring prices.Kazakhstan's state uranium company said Wednesday that its net profit surged to 1.13 trillion Kazakh tenge  in 2024 from 580 billion tenge the year before. As a result, revenue rose 26% to 1.81 trillion tenge, while operating profit increased 19% to 807 billion tenge.The company issued a midterm strategy for 2025 through 2034 with  the objective of focusing on uranium mining as its core business and expanding its rare and rare-earth metals segment.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4156":"煤与消费用燃料","UEC":"Uranium Energy Corp","BK4606":"AI电力股"},"translate_title":"铀价飙升导致哈萨克斯坦原子能公司利润飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UEC":1},"content_text":"By Helena Smolak \n\n\n \n\n\n  Uranium producer Kazatomprom's full-year profit and revenue surged last year on soaring prices. \n\n\n  Kazakhstan's state uranium company said Wednesday that its net profit surged to 1.13 trillion Kazakh tenge ($2.27 billion) in 2024 from 580 billion tenge the year before \n\n\n  As a result, revenue rose 26% to 1.81 trillion tenge, while operating profit increased 19% to 807 billion tenge. \n\n\n  The company issued a midterm strategy for 2025 through 2034 with  the objective of focusing on uranium mining as its core business and expanding its rare and rare-earth metals segment. \n\n\n \n\n\n  Write to Helena Smolak at helena.smolak@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 19, 2025 04:07 ET (08:07 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}