Central Asia Metals plc

Central Asia Metals plc Earnings Recaps

CAML.L Materials 1 recap
Q2 2025 Sep 10, 2025

Central Asia Metals reported stable revenue of $99.5 million in H1 2025 despite lower sales volumes, driven by operational efficiency and reduced treatment charges, while maintaining strong returns to shareholders through dividends and share buybacks.

Key takeaways
  • Copper production from Kounrad reached 6,218 tonnes; Sasa produced 8,692 tonnes of zinc and 12,613 tonnes of lead, achieving zero lost time injuries.
  • EBITDA of $39.9 million reflects a 40% margin; implemented a dividend of 4.5p and initiated a $10 million share buyback program.
  • Revenue remained stable year-over-year, down only 2%, boosted by lower treatment charges despite a 14% rise in cost of sales.
  • Strong balance sheet with $47.7 million in cash; beneficial currency fluctuations from the Kazakh tenge devaluation improved operational cost reporting in USD.