BAKU, Azerbaijan, March 3
Trend:
Operational total profit of Kazakhstan Railways (KTZ) amounted to $245 million for 2021, Trend reports via press service of KTZ JSC.
Debt in hard currency has decreased from 57 percent in 2019 to 34.8 percent by the end of 2021 (today the company's debt is about $ 3.8 billion). S&P agency has upgraded the long-term rating of KTZ JSC to “BB” level.