Prodcorporation Ends 2025 with Net Profit for the First Time in Three Years

JSC NC Prodcorporation achieved a positive financial result in 2025, ending the year with a net profit of 492.4 million tenge. For the national grain operator, this marks the first profitable year in the past three years.

According to Ildar Ismagulov, First Deputy Chairman of the Management Board of JSC NC Prodcorporation, the positive performance was achieved through consistent efforts to reduce debt, optimize financial obligations, and improve the company’s operational efficiency.

He noted that Prodcorporation continues to fulfill its strategic state mission of ensuring stability in the grain market and supporting domestic agricultural producers. Despite significant price volatility and challenging market conditions in recent years, the company not only fulfilled all government-assigned responsibilities but also substantially strengthened its financial position.

“By the end of 2025, Prodcorporation returned to profitability. This demonstrates the effectiveness of the management decisions that have been implemented and confirms the sustainability of the company’s development strategy,” said Ildar Ismagulov.

One of the key factors behind the improved financial performance was the significant growth in grain sales.

While Prodcorporation sold 207.9 thousand tons of grain in 2023, this figure increased to 501.1 thousand tons in 2024. By the end of 2025, grain deliveries to domestic and export markets reached 1.3 million tons.

As a result, sales volumes increased more than fivefold compared to 2023 and more than doubled compared to the previous year.

Higher grain sales enabled the company to meet domestic demand, expand export shipments, accelerate inventory turnover, and strengthen its overall financial position.

Significant progress was also made in reducing the debt burden. Over the past two years, Prodcorporation’s total debt decreased by more than half. At the same time, the company optimized its borrowing structure, substantially reducing the cost of attracted funds. This allowed debt servicing expenses to be reduced several times over.

According to Ildar Ismagulov, the company is now entering a new stage of development with a solid financial foundation. The restoration of profitability and reduction of debt create additional opportunities to expand support measures for farmers, improve efficiency in both domestic and international markets, and further implement the country’s food security policy objectives.