Kazakhstan Temir Zholy to double Profit in 2010
Kazakhstan Temir Zholy plans to double its profit in 2010, President of Kazakhstan Temir Zholy, Askar Mamin stated during a session of the Board of Directors yesterday, Kazakhstan Today reports.
"Total profit is planned at KZT 37.5 billion, which is twice as much as compared with 2009," Mamin said.
"Kazakhstan Temir Zholy’s profit in 2009 was KZT 15.7 billion. Thus, the company’s revenue in 2010 is planned at KZT 567 billion, or an amount 13.7 % higher than last year. Expenditures this year will amount to KZT 529.5 billion," according to Kazakhstan Today.