Main results of activity of Kazakhstan Mortgage Company JSC for Q1, 2007

25.04.07 18:32
/IRBIS, Raushan Tundybaeva, April 25, 07/ - Kazakhstan Mortgage Company JSC (Almaty), within listing requirements, has presented Kazakhstan stock exchange (KASE) its financial statements for the first quarter of 2007. Similar indicators for the first quarter of 2006 are given in parentheses. According to the presented data, the company's net income earned in the mentioned period totaled KZT204.8 m. and incraesed compared to the similar period of 2006 by KZT121.5 m. (KZT83.3 m.). At that, net interest income during January-March 2007 totaled KZT566.0 m. (KZT364.3 m.). Assets of the company as of April 1 of 2007 reached KZT67,987.6 m., whereas as of January 1 of 2007 they were KZT63,755.0 m. Equity capital by the end of the I quarter of 2007 was KZT20,158.9 m., in comparison with KZT19,954.7 m. at year-beginning. At that, its authorized capital as of April 1 of 2007 was estimated by the company at KZT17,920.0 m., remained unchanged compared to January 1 of 2007. Original financial statements of Kazakhstan Mortgage Company JSC for the first quarter of 2007 are available on KASE's web-site at http://www.kase.kz/emitters/kzik.asp Bonds of Kazakhstan Mortgage Company JSC are traded in KASE's official "A" listing category. Company's primary activities - loan operations (giving of money credits on the terms of payment, urgency and giving back), factoring operations (acquiring of rights to demand payment from purchaser of goods (works, services) with assumption of the risk of non-payment) on the basis of license of the National Bank of Kazakhstan dated April 27 of 2004 ¦ 28 and other operations in accordance with the Company's charter. [2007-04-25]