Kazakhstan: Zhayrem GOK net profits down in 2016
In 2016 Zhayrem Mining and Processing Works received 6.1 billion tenge of net profits, down 1.9-fold YoY. The company EBITDA dropped by 27.3%, to 7.28 billion tenge, while gross profit increased 6.4-fold, to 11.2 billion tenge. Its assets increased by 7.7%, to 30.7 billion tenge, while liabilities dropped by 29%, to 6.3 billion tenge. Zhayrem…
