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12.06.2023 15:33 #Corporate events

Auditor's report on 2022 financial statements of Akbakay Gold Resources released

/KASE, June 12, 2023/ – Akbakay Gold Resources JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statements for 2022.

According to the audited data as of December 31, 2022 (in th. tenge, if not otherwise specified):

----------------------------------------
                          as of    as of
Indicator              31.12.22 31.12.21
--------------------- --------- --------
Equity                  -77,195  145,841
Total assets          1,163,955  145,849
Total liabilities     1,241,150        8
Net income (net loss)  -223,036       -9
ROA, %                   -19.16    -0.01
ROE, %                   288.93    -0.01
----------------------------------------

The company's financial statements for 2022 were audited by PricewaterhouseCoopers LLP. According to the auditor's opinion, the financial statements present fairly in all material aspects the financial position of Akbakay Gold Resources JSC as of December 31, 2022, as well as its financial results and its cash flows for the year ended as of the specified date in accordance with IFRS.

The report is available on KASE website at – see more

[2023-06-12]