/KASE, November 13, 2017/ – KazMunaiGas Exploration Production (Astana), whose
shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed
KASE of the following:
quote
JSC KazMunaiGas Exploration Production ("KMG EP" or "the Company") announces its
consolidated interim financial results for the first nine months ended 30
September 2017.
- Revenue for the first nine months of 2017 was up 29% year-on-year at 666 bn
Tenge (US$2,059 m. This was largely a result of a 24% increase in the price of
Brent, a higher share of export sales and the switch to the processing scheme
in April 2016, partially offset by a 6% decrease in the average Tenge – US
dollar exchange rate.
- Net profit for the first nine months of 2017 was 168bn Tenge (US$521m)
compared to 76bn Tenge (US$220m) in the same period of 2016. Net cash
generated from operating activities was 184bn Tenge (US$570m) compared to
108bn Tenge (US$314m) in the same period of 2016.
- EBITDA for the first nine months of 2017 was 181bn Tenge (US$559m)
compared to 123 bn Tenge (US$359m) in the same period of 2016.
- Net cash position as at 30 September 2017 was 1,360bn Tenge (US$4.0bn)
compared to 1,172bn Tenge (US$3.5bn) as at December 31, 2016.
unquote
More details are available on KASE website:
-
http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_131117_1.pdf – in Russian;
-
http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_131117_en.pdf – in English
[2017-11-13]