ENERGY MINERALS

Kazatomprom misses with first half earnings, trims guidance

Kazatomprom, the world’s largest uranium producer, reported a weaker than expected set of financial results for the first half of the year, with earnings shy of estimates by analysts at Canadian bank BMO, while full year attributable production guidance was trimmed by 4%.

Kazatomprom misses with first half earnings, trims guidance

A significant uptick in sales volumes in H1 - mainly due to timing factors - saw revenue rise 54% year-on-year, with adjusted EBITDA up 23% to KZT99.4 billion (US$230 million). The earnings figure missed...

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A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

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