Losses at Kazakhstan's national postal operator, Kazpost, doubled to 1.1 billion tenge in the first six months of 2026, compared to 529.8 million tenge in the same period of 2025, as reported by infohub.kz.
The company's total revenue in January-June 2026 stood at 1.3 billion tenge, down from 6 billion tenge a year earlier. Expenses over the reporting period shrank to 2.8 billion tenge from 6.56 billion tenge in the first half of 2025.
In 2025, Kazpost's gross income was 4.5 billion tenge, compared to 3.8 billion tenge in 2024, while profit came in at 223.3 million and 559.9 million tenge, respectively. Revenue from postal services in 2025 reached 41.2 billion tenge, financial services and commissions brought in 21.7 billion tenge, other operating activities generated 4.8 billion tenge, and total revenue amounted to 67.6 billion tenge. However, the cost of sales was higher at 81.1 billion tenge. Government subsidies (postal operations in rural areas are traditionally loss-making and subsidized by the state) totaled 9.6 billion tenge, resulting in negative revenue of 4 billion tenge. The company managed to turn a profit thanks to net interest income of 8.5 billion tenge and net income from foreign currency trading of 2 billion tenge.
One hundred percent of Kazpost's shares are owned by Samruk-Kazyna. The company's main activities include accepting, transporting, and delivering regular and express mail and parcels, providing banking services, and handling securities transactions. Kazpost also acts as an agent for newspaper and magazine delivery and subscriptions, as well as a bank agent for loan issuance and repayment.
Kazpost has two wholly owned subsidiaries: Kazpost in Germany and QAZPOST PTE. LTD in Singapore (company names as originally given). In its 2025 financial report, the company noted that from January to April 2026, Kazpost purchased U.S. Treasury bonds worth $252.3 million.