/KASE, August 29, 2017/ – Zhaikmunai (Oral), whose bonds are officially listed
on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press
release:
quote
Highlights from the six months to 30 June 2017:
Financial
- Revenue of US$210.0 million (H1 2016: US$163.5 million)
- Net operating cash flows of US$118.5 million (H1 2016: US$78.9 million)
- EBITDA of US$119.8 million (H1 2016: US$100.9 million)
- EBITDA margin of 57.0% (H1 2016: 61.7%)
- Transport/boe cost reduced to US$5.0/bbl (H1 2016: US$5.3/bbl)
- Net income of US$14.0 million (H1 2016: US$(55.7 million))
- Closing cash for the period of US$97.5 million
- Post half-year successful new bond issuance of US$725 million 8% senior
notes due 2022 with proceeds used in part to refinance US$606.8 million of
existing notes due 2019
- Pro forma debt of US$1,042.2 million and pro forma net debt of US$867.7
million as at 30 June 2017
unquote
The full press release is available on KASE website –
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_290817_eng_1.pdf
[2017-08-29]