Ontustik Construction revenue surges ninefold to 22.98 billion tenge
Ontustik Construction, owned by Aydin Rakhimbaev, reported a revenue of 22.98 billion tenge in 2024, up from 2.5 billion tenge in 2023. Despite this significant increase, the company's profit decreased. This decline occurred even as revenue surged dramatically.
Revenue Growth
Ontustik Construction, a company based in Shymkent and owned by billionaire Aydin Rakhimbaev, reported a substantial increase in revenue for the year 2024. The company's revenue rose to 22.98 billion tenge, a significant jump from the 2.5 billion tenge recorded in 2023. This ninefold increase was highlighted in the company's financial statements.
Profit Decline
Despite the impressive revenue growth, Ontustik Construction experienced a decrease in profit in 2024. The company's profit fell to 1.75 billion tenge, as indicated in the financial report. This decline in profit occurred even as the company achieved a dramatic increase in revenue.
What's Next
Ontustik Construction is expected to release further financial details in the coming months. It remains unclear how the profit decline will affect future business strategies.
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Ontustik Construction revenue surges ninefold to 22.98 billion tenge
