Bishkek, March 10, 2025. /Kabar/. In 2024, the profit of Kyrgyzaltyn OJSC amounted to 17.2 billion soms, which is 36% more than in the same period last year.
According to the company, this result was achieved due to effective management and optimization of individual areas of the company. Kyrgyzaltyn currently maintains a priority course to improve the financial and economic activities of all divisions, and also makes every effort to ensure profit.
For example, the branch of Makmal Gold Company LLC has been unprofitable for the past 7 years; according to the results of 2022, the plant's loss was about 200 million soms. Based on the results of the Company's analysis of the activities and timely measures taken, the plant is currently successfully fulfilling its tasks in terms of modernizing technologies and developing the mine. According to the results of 2024, the plant's profit amounted to more than 400 million soms.
In September 2024, Kyrgyzaltyn OJSC opened a branded store for the sale of gold measuring bars. In a short period of time, the Company began to receive significant profits from the sale of measuring bars.
In 2024, Kyrgyzaltyn, as part of the national program "100 industrial facilities", launched a workshop for the production of measured gold bars in the Zhaiyl district of the Chui region. Such a workshop was the first since the state gained independence. Also, in 2024, the official start was given for the development of the Mironov deposit in the Kemin district of the Chui region.
Kyrgyzaltyn OJSC plans to launch the production of two industrial facilities in 2025.
Currently, together with Indian partners, a gold recovery plant is being built at the Solton Sary deposit in the Naryn region. After the launch of the enterprise, at least 400 new jobs will be created.
Kyrgyzaltyn also plans to open a transport and logistics center based on the branch of the motor transport enterprise in the city of Balykchy.
This transport and logistics center will provide space for freight forwarding and transport companies, as well as parking for trucks. In addition, it is planned to provide vehicle repair services, as well as customs, brokerage and other services.
Also, for the first time in its history, Kyrgyzaltyn began to conduct geological exploration work on its own, from design to setting reserves of the field. At the moment, the Company is conducting geological exploration work at the Chakush field in the Batken region. These works are planned to be completed by the end of 2025.