Samruk Kazyna says 2015 net income up 30 pct at 304.8 bln tenge

April 25, 2016 6:09 AM

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ALMATY, April 25 Kazakhstan's sovereign wealth fund Samruk Kazyna reported a 30-pct increase in 2015 net income to 304.8 billion tenge ($913.78 million) on Monday but said it expected the figure to fall sharply to 100.8 billion tenge this year.

Falling demand, low commodity prices and higher debt burden are behind the expected plunge in this year's net income, the fund said in a press release.

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