First-quarter net profit of PetroKazakhstan Inc OJSC up to $87.5 m
06.05.04 00:27
/Kazakhstan today, May 5, 04/ - Kazakhstan today news agency reports that
first-quarter profit at PetroKazakhstan Inc. jumped nearly 28 percent up to
$87.5 m.
Cash flow rose 29 percent to $115 million. Net profit and cash flow for each
watered share rose by 30.1 and 31.5% correspondingly.
Net profit of PetroKazakhstan in 2003 equaled $317.5 m, 2002 - $162.6 m.
PetroKazakhstan, fully integrated power company, operates in Kazakhstan
for 7 years. The main activity: exploration, production and export of oil as
well as refining and sale of oil products.
[2004-05-05]