BASS Gold LLP has published its Annual Report for 2025. The document contains financial results, operational indicators, and information about the reserves of the Ushshoky deposit, as well as an assessment of risks and development prospects.
2025 was a year of significant growth in key financial indicators for BASS Gold. According to the results of the reporting period, the company's revenue amounted to 13.3 billion tenge, an increase of more than four times compared to the previous year. Gross profit reached 8.1 billion tenge, and net profit amounted to 3.1 billion tenge against a loss in 2024. The company's assets increased to 14.9 billion tenge.
The growth of indicators is due to an increase in production volumes and the implementation of measures to modernize production facilities. In the reporting year, the company continued to develop the Ushshoky deposit, improve technological processes and increase the efficiency of production activities.
The annual report also reflects BASS Gold's approach to industrial safety, environmental protection, staff development, and stakeholder engagement. The Company consistently adheres to the principles of openness and transparency, providing investors, partners and the public with access to up-to-date information about its activities.
"In 2026, the company will focus on further improving efficiency and strengthening financial stability. We see debt reduction, cost control, cash flow stabilization, as well as increased recovery and productivity as key priorities for the current year. The company does not focus on short–term growth, focusing on the formation of a stable and predictable business model," Chingiz Sadvakasov, Founder of BASS Gold LLP.
The Annual Report of BASS Gold LLP for 2025 is available on the website of the Kazakhstan Stock Exchange (KASE), as well as on the official website of the company – www.bassgold.kz .
Link to the report: https://lnkd.in/da2q9jkR
Link to the report: https://lnkd.in/dQKw53nH
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ABOUT THE COMPANY
BASS Gold LLP is a Kazakhstani gold mining company. The Ushshoky deposit is being developed with a full production cycle: from underground mining to the production of Dore alloy and flotation concentrate. The company's securities are traded on KASE (ticker FPST).