Press release 1Q 2011 results (9129G)
19 Mai 2011 - 11:15AM
UK Regulatory
TIDM94DU TIDM94DV
RNS Number : 9129G
JSC National Atomic Co. Kazatomprom
19 May 2011
Almaty
PRESS RELEASE
on activity results of NAC Kazatomprom JSC
for the I(st) quarter of 2011
In the first quarter of 2011 uranium production volume of the
Republic of Kazakhstan made up 4,443.7 tU (which is 9% more in
comparison with the same period of the previous year).
Production volume of NAC Kazatomprom JSC reached 2,543.4 tU,
what 100% corresponds with the stated plan.
According to the preliminary estimates, in the first quarter of
2011 consolidated net income of NAC Kazatomprom JSC, made up KZT
13,695.2 mln., what is two times more than in the corresponding
period of 2010. Such income growth was conditioned by uranium
production sales volume increase and sharp rise in spot prices in
the beginning of the year.
In the first quarter of 2011 MAEK-Kazatomprom LLP produced 1,249
mln. kW*hour of electric power, 1,032 ths. Gcal of heat energy, 268
mln. m(3) of water, which is 6%, 1% and 13% more, correspondingly,
in comparison with the same period of the previous year.
NAC Kazatomprom JSC is the national operator of the Republic of
Kazakhstan for export of uranium and its compounds, rare metals,
nuclear fuel for nuclear power plants, special purpose equipment,
technologies and double-use materials. The main activities of the
company are: geological exploration, uranium production,
manufacture of nuclear fuel cycle products, reactor construction,
nuclear power plants, production of construction materials, the
electric energy sector, scientific support of production and social
welfare and training of personnel. Today Kazatomprom has more than
23,000 employees and is amongst the leading uranium production
companies in the world.
www.kazatomprom.kz
Contact details for investors (Eurobonds):
Meirzhan Yussupov
Head of Treasury
el:. +7 /727/ 258 39 05
el../Fax: +7 /727/ 250 35 41
e-mail: myussupov@kazatomprom.kz
Meruyert Bekturganova
Treasury
el:. +7 /727/ 258 39 05
el../Fax: +7 /727/ 250 35 41
e-mail: mbekturganova@kazatomprom.kz
This information is provided by RNS
The company news service from the London Stock Exchange
END
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