Auditor’s report on consolidated financial statements of Temirtau Electro-Metallurgy Plant for 2018 published

16.05.19 18:06
/KASE, May 16, 2019/ – Temirtau Electro-Metallurgy Plant (Temirtau), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), provided KASE with auditor's report on the company's consolidated financial statement for 2018. According to audited data as at December 31, 2018 (in thous. KZT, unless otherwise specified): ---------------------------------------------------------------- as at as at Indicator Dec. 31, 2018 Dec. 31, 2017 ------------------------------------ ------------- ------------- Equity 1,749,397 1,609,771 Total assets 26,709,261 11,453,292 Total liabilities 24,959,864 9,747,377 Sales volume 28,709,421 18,789,482 Gross revenue 2,442,363 4,186,193 Net income (net loss) 147,864 1,318,268 Book value of an ordinary share, KZT 1.33 1.37 ROA, % 0.55 11.51 ROE, % 8.45 81.89 ROS, % 0.52 7.02 ---------------------------------------------------------------- The company's financial statements for 2018 were audited by Crowe Audit KZ LLP. According to the auditor’s report, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of Temirtau Electro-Metallurgy Plant as at December 31, 2018 and its consolidated financial results and consolidated cash flows for the year then ended in accordance with IFRS. The report is available on KASE website (in Russian) at http://kase.kz/files/emitters/TEMK/temkf6_2018_cons_rus.pdf [2019-05-16]