TC

17/08/2017 17:12

KAZ Minerals (00847) interim net up 153% to US$185m; no div

    KAZ Minerals (00847) said its profit attributable to equity holders for the six months ended 30 June 2017 surged 153% year-on-year to US$185 million.
  Basic and diluted earnings per share were US$0.41.
  Revenues amounted to US$721 million, an increase of 139% from a year earlier, reflecting the Bozshakol sulphide and Aktogay oxide plants having achieved commercial production in the second half of 2016. EBITDA (excluding special items) soared 273% year-on-year to US$429 million.
  No interim dividend will be distributed.
  KAZ Minerals had applied for the resumption of trading in shares tomorrow morning.

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