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Kazakhstan's KMG Posts Modest Rise in Earnings

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ss795187051-National Corporation KazMunaiGas-ASTANA- KAZAKHSTAN
Poylov Vladimir/Shutterstock

Kazakhstan's national oil company Kazmunaigas (KMG) saw its net profit rise by a meager 2.4% last year to $2.59 billion, despite revenues increasing 34.5% to $15.2 billion on the back of higher oil prices.

Topic:
Earnings
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