Kazatomprom Q1 Earnings: Sales Down, Net Income Down

National Atomic Company Kazatomprom JSC reported Q1 2025 sales of KZT 214,409 million, down from KZT 269,833 million a year ago. Net income was KZT 25,689 million, compared to KZT 335,387 million a year ago. Basic earnings per share from continuing operations was KZT 99, down from KZT 1,293 a year ago.

National Atomic Company Kazatomprom JSC (NAC Kazatomprom JSC) released its first quarter 2025 financial results, revealing a mixed performance. The company's revenue for the period was KZT 214,409 million, down from KZT 269,833 million a year ago, representing a significant decrease of 21% [1]. Despite the revenue dip, Kazatomprom JSC managed to post a net income of KZT 25,689 million, which is a notable improvement compared to the net loss of KZT 335,387 million reported in the same period last year.

Basic earnings per share (EPS) from continuing operations were KZT 99, a substantial decline from the EPS of KZT 1,293 reported a year ago. The decrease in revenue can be attributed to various factors, including market conditions and operational challenges. However, the company's ability to turn around its net income and improve its financial position is a positive sign.

Analysts at Smartkarma have given NAC Kazatomprom JSC a positive long-term outlook based on their Smart Scores. The company scored high in growth, resilience, and momentum, suggesting a strong potential for future expansion and stability. Despite scoring lower in value and dividend factors, the overall high ratings in growth, resilience, and momentum indicate a promising path ahead for Kazatomprom JSC. Investors may find the company attractive due to its solid performance in key areas that are crucial for long-term success in the minerals market [1].

NAC Kazatomprom JSC is a company specializing in natural uranium production, with a global presence in the market. The company also engages in importing and exporting uranium compounds, nuclear power plant fuel, and uranium components, serving customers across the world. Its focus on natural uranium production and global customer base positions it well to capitalize on the growing demand for nuclear power plant fuel and uranium components.

References:
[1] https://www.smartkarma.com/home/newswire/earnings-alerts/nac-kazatomprom-jsc-kap-earnings-strong-q1-net-income-of-25-69b-tenge-despite-revenue-dip/