Kygyzaltyn received a portion of its dividends from Kumtor in advance, even before the end of 2025

“Kygyzaltyn” received a portion of its dividend payments from Kumtor Gold Company CJSC before the end of 2025. This is evident from the issuer’s disclosure, which states that a significant portion of its current liabilities consists of “dividends received in advance.”

According to the document, as of the end of 2025, 64.2% of the company’s liabilities consisted of debt owed to Kumtor Gold Company for dividends paid in advance. Another 17.1% consisted of liabilities to Altynken LLC under a similar item.

Thus, a portion of Kumtor’s profits was distributed to Kyrgyzaltyn even before the final financial results for the fiscal year were tallied.

Meanwhile, it was previously reported that, based on the results for 2025, Kumtor Gold Company allocated $300 million for dividend payments. In effect, this means that a portion of these funds was received by the shareholder in advance.