Published
10/27/2026, 10:04Kumtor Gold Company CJSC continues to demonstrate steady growth in its financial performance. As of the end of the first nine months of 2026, the company paid $627,824,000 to the government in taxes, dividends, and other mandatory payments.
This is more than double the figure for the same period last year, when the total amount of payments was $309,904,000.
Positive trends are also evident in the company’s other key financial indicators.
Kumtor’s revenue for January–September 2026 exceeded $1 billion, totaling $1 billion 12.8 million. Compared to the same period in 2025, when revenue was $735.8 million, growth reached nearly 38%.
By comparison, the company’s revenue for the first nine months of 2024 was $579.8 million, and in 2023, it was $558.2 million. Thus, over three years, this figure has grown by more than 80%.
The company’s net income has also increased significantly. For the first nine months of 2026, it reached $548.4 million, which is 71% higher than the $320.2 million reported for the same period last year.
The trend over recent years is particularly telling. While Kumtor’s net profit for the first nine months of 2023 was $173.2 million and $216.6 million in 2024, it exceeded the half-billion-dollar mark in 2026. Thus, in just three years, the company’s net profit has more than tripled.
Significant growth has also been observed in tax revenues. For January–September 2026, Kumtor paid $277.8 million in taxes and other mandatory
payments. This is nearly 74% more than during the same period in 2025, when the amount totaled $159.9 million.
By comparison, for the first nine months of 2024, these payments totaled $114.7 million, and in 2023, they amounted to $124.2 million.
