Kazatomprom Q1 profit surges tenfold on higher sales, forex gain

(Reuters) – Kazatomprom’s first-quarter profit soared to 62.1 billion tenge ($145 million) from 6.0 billion a year earlier, the Kazakh uranium miner said on Monday.

Kazatomprom’s revenue almost tripled with high deliveries and a 23.3 billion tenge ($54 million) foreign exchange gain as the Kazakh tenge fell against the dollar.

($1 = 428.0000 tenge)

(Reporting by Olzhas Auyezov; editing by Jason Neely)

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