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09.06.2025 17:39 #Corporate events

Financial statements of Mangistau Regional Electricity Network Company for 2024 and the auditor's report published

/KASE, June 9, 2025/ – Financial statements of Mangistau Regional Electricity Network Company JSC (KASE ticker – MREK) for 2024 and an auditor's report have been published

According to the report of Deloitte LLP, which contains a qualified opinion, the financial statements present fairly, in all material respects, the financial position of Mangistau Regional Electricity Network Company JSC as of December 31, 2024, as well as its financial performance and cash flows for the year ended on that date, in accordance with International Financial Reporting Standards (IFRS).

According to the audited data as of December 31, 2024 (in thous. tenge, unless otherwise stated):

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                                           as of      as of
Indicator                               31.12.24   31.12.23
------------------------------------- ---------- ----------
Authorized capital                     1,712,762  1,712,762
Equity (capital deficit)              43,591,722 36,337,080
Total assets                          61,678,480 59,270,380
Total liabilities                     18,086,758 22,933,300
Revenue                               24,004,502 17,091,977
Gross profit (gross loss)             11,746,725  6,459,216
Net profit (net loss)                  6,435,094  2,560,821
Book value of common share, tenge         21,476     17,829
Book value of preferred shares, tenge        585        585
ROA, %                                     10.43       4.32
ROE, %                                     14.76       7.05
ROS, %                                     26.81      14.98
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The financial statements and report are published – see more

[2025-06-09]