/KASE, August 6, 14/ – KazMunaiGas Exploration Production JSC (Astana), whose
shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following press-release of August 6, 2014:
quote
Today JSC KazMunaiGas Exploration Production ("KMG EP" or "the Company")
announces its condensed consolidated interim financial statements for the six
months ended 30 June 2014.
- Net profit for the first six months of 2014 was 210.3bn Tenge (US$1,193m)1
compared to 38.8bn Tenge (US$257m) in the same period of 2013 largely
due to a significant before tax foreign exchange gain as a result of the
Tenge devaluation in February 2014.
- Revenue in the first six months of 2014 was 464.4bn Tenge (US$2,635m),
a 21% increase compared with the same period of 2013 largely due to an
increase in the average Tenge-US Dollar exchange rate as a result of
Tenge devaluation in February 2014. The average price of Brent in the first
six months of 2014 was 1% higher than in the same period of 2013, up
from US$107.5 per barrel to US$108.9 per barrel.
- Production expenses in the first six months of 2014 were 88.5bn Tenge
(US$502m), a 7% increase compared with the same period of 2013 mainly
due to increased employee benefits expenses.
unquote
The full press-release is available on KASE website at:
-
http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_060814.pdf – in Russian
-
http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_060814_en.pdf – in English.
[2014-08-06]