KAZ Minerals (00847) said its profit attributable to equity holders for the year ended 31 December 2017 surged 152.5% year-on-year to US$447 million.
Basic and diluted earnings per share were US$1.
Revenues amounted to US$1,663 million, an increase of 117.1% from a year earlier.
Underlying profit amounted to US$476 million, up 164.4% year-on-year, primarily due to greater profit contributions from the ramp up of the Bozshakol and Aktogay operations, partially offset by interest costs on project borrowings being expensed in the current year whilst capitalised in the prior year.
No final dividend will be distributed.
KAZ Minerals has made application for the resumption of trading in shares tomorrow.
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