/KASE, June 28, 2021/ – ERG Exploration (Rudny), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2020.

According to the audited data as of December 31, 2020 (in th. tenge, if not otherwise specified):

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                                           as of     as of
Indicator                               31.12.20  31.12.19
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Equity                                 1,965,258 1,135,080
Total assets                           3,667,797 2,717,274
Total liabilities                      1,702,539 1,582,194
Sales volume                             705,972    26,340
Gross income                             392,118    17,099
Net income (net loss)                    830,178  -120,020
Book value of an ordinary share, tenge  1,710.19  1,007.86
ROA, %                                     22.63     -4.42
ROE, %                                     42.24    -10.57
ROS, %                                    117.59   -455.66
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The company's financial statements for 2020 were audited by NAK "Centraudit- Kazakhstan" LLP. According to the auditor's opinion, the consolidated financial statements reflect reliably in all significant relations the financial position of ERG Exploration and its subsidiaries as of December 31, 2020, as well as their consolidated financial results and consolidated cash flows for the year ended as of the specified date in accordance with the IFRS.

The report is available on KASE website at – see more

[2021-06-28]