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Kyrgyz Kumtor exceeds revenue and profit targets in 10M2025

GenevaTimes by GenevaTimes
November 29, 2025
in Europe
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Kyrgyz Kumtor exceeds revenue and profit targets in 10M2025
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Kyrgyz Kumtor exceeds revenue and profit targets in 10M2025

BISHKEK, Kyrgyzstan, November 29. Kumtor Gold
Company has posted financial results for the first ten months of
2025, exceeding expectations in both revenue and profit, Trend reports.

Data from Kumtor reveals that production revenue reached 80
billion soms ($880 million equivalent at 1 KGS = 0.011 USD),
compared with the target of 55.1 billion soms ($606,000,000),
blowing the forecast out of the water by about 45 percent.

Net profit also significantly outperformed projections,
amounting to 36.9 billion soms ($405 million), compared with the
target of 13.3 billion soms ($147 million), marking an increase of
approximately 176 percent above expectations.




Taxes and mandatory payments to the Kyrgyz Republic budget
totaled 16.2 billion soms ($179 million), slightly higher than the
planned 14.04 billion soms ($154 million). Dividends paid in 2025
based on 2024 results reached nearly 13.04 billion soms ($143
million), above the expected 12.9 billion soms ($142 million).

Kyrgyzstan possesses significant gold potential, with officially
recognized state reserves over 1,000 tons and total potential
assessed by geologists at over 4,000 tons. Gold mining constitutes
a fundamental component of the nation’s economy, representing a
substantial share of its GDP and exports.

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