Kazakh Millionaires to Forgo Dividends from Qarazhyra Coal Company Profits

Shareholders of the coal mining company Qarazhyra have decided not to pay dividends on ordinary shares for 2025. The company's retained earnings amount to 25.05 billion tenge. Among the shareholders are businessmen Eduard Ogay and Vladimir Dzhumanbayev, as well as Yerlan Nigmatulin, brother of former Majilis speaker Nurlan Nigmatulin. The company's net profit decreased by nearly half in 2025 compared to 2024.

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