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21.05.2020 22:16

Auditor’s report on financial statements of Temirtau Electro-Metallurgy Plant for 2019 published

/KASE, May 21, 2020/ – Temirtau Electro-Metallurgy Plant Almaty), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), provided KASE with auditor's report on the company's financial statement for 2019.

According to audited data as at December 31, 2019 (in mln KZT, unless otherwise specified):

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                                             as at         as at 
Indicator                             Dec. 31, 2019 Dec. 31, 2018
------------------------------------- ------------- -------------
Equity                                    2,603,932     1,749,397
Total assets                             10,030,565    26,709,261
Total liabilities                         7,426,633    24,959,864
Sales                                    26,679,347    28,709,421
Gross revenue                             3,633,420     2,442,363
Net profit (net loss)                       198,588       147,864
Book value of one ordinary share, KZT          1.98          1.33
ROA, %                                         1.98          0.55
ROE, %                                         7.63          8.45
ROS, %                                         0.74          0.52
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The company's financial statements for 2019 were audited by Crowe Audit KZ LLP. According to the auditor’s report, the financial statements present fairly, in all material respects, the financial position of Temirtau Electro-Metallurgy Plant as at December 31, 2019 and its financial results and cash flows for the year then ended in accordance with IFRS.

The report is available on KASE website (in Russian) at see more

[2020-05-21]