• Created: 28.09.2024
• Updated: 30.09.2024
• Read: 88

Interim Financial Results: NMMC Sees Strong Performance in H1 2024

Navoi Mining and Metallurgical Company has delivered robust financial results for the first half of 2024, reflecting our commitment to operational excellence and sustainable growth. Key highlights include:

- Revenue: Up 21% YoY to $3.35 billion

- Net Profit: Increased by 14% to $882 million

- Gold Production & Sales: 7% rise, totaling 1,517 koz

- Average Gold Price: $2,206/oz, up 14%

- EBITDA: Jumped 24% to $1.98 billion

NMMC remains focused on driving efficiency and maintaining a strong financial position, evidenced by a 2% reduction in net debt and a 32% increase in net cash flow from operations.

These results highlight our continued leadership in the gold mining industry and our commitment to delivering value to our stakeholders.

For full details, visit our investors section on the NMMC website.

The Press Service of the Company