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07.08.2020 17:41 #Corporate events

Auditor’s report on financial statements of AgroFinance for 2019 published

/KASE, August 7, 2020/ – AgroFinance (Almaty), whose bonds 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 thous. KZT, unless otherwise specified):

-------------------------------------------------
                             as at         as at 
Indicator             Dec. 31, 2019 Dec. 31, 2018
--------------------- ------------- -------------
Equity                   -1,954,495    -1,411,366
Total assets                357,458     1,118,223
Total liabilities         2,311,953     2,529,589
Net profit (net loss)      -559,129    -1,714,316
ROA, %                      -156.42       -153.31
ROE, %                        28.61        121.47
-------------------------------------------------

The company's financial statements for 2019 were audited by Moore Stephens Kazakhstan. According to the auditor’s report, the financial statements present fairly, in all material respects, the financial position of AgroFinance 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

[2020-08-07]