NAC Kazatomprom JSC published its audited consolidated financial statements for the year ended 31 December 2024 in accordance with International Financial Reporting Standards.
Revenue increased by 26% to more than KZT 1.8 trillion. Adjusted net profit attributable to the parent, excluding one-off income, increased by 38% to almost KZT 577 billion. The Company attributed the result to stronger long-term and average spot prices and its position as the world's largest low-cost uranium producer.
The Board of Directors approved an updated development strategy for 2025–2034 following early achievement of key objectives under the previous strategy. Value over Volume remains the central principle, supported by geological exploration, disciplined production, resource-base replenishment and a diversified sales portfolio.
The full release includes corporate developments, operating and financial indicators, taxation, capital expenditure, production guidance, uranium-market information and forward-looking statements.
Complete statements and investor information are available from NAC Kazatomprom JSC.