Main results of activity of Mining and smelting concern Kazakhaltyn JSC (Kazakhstan) for Q1 of 2006

18.05.06 20:26
/IRBIS, Assel Omarova, May 18, 06/ -Mining and smelting concern Kazakhaltyn JSC (Akmola obl.) within listing requirements, has presented to Kazakhstan stock exchange (KASE) financial statements for the first quarter of 2006. Similar indicator for 2005 is given in parentheses. According to the presented data, net income of the company for the mentioned period totaled KZT407.0 m. (KZT17.4 m.) According to data of Mining and smelting concern Kazakhaltyn JSC income from major activities for the first quarter of the current year made KZT1,430.0 m. (KZT194.5 m.) under cost price of purchased products at KZT565.0 m. (KZT177.9 m.) Assets of the company as of March 31 of 2006 made KZT15,578.0 m., compared to KZT14,478.6 m. as of January 1 of 2006. Shareholders' equity of the company as of March 31 of 2006 reached KZT3,125.2 m., compared to KZT2,543.8 m. by the beginning of the year. At that, authorized capital has not been changed and is estimated by the company by the end of the first quarter of 2006 at KZT1,538.7 m. Unpaid authorized capital at the company for specified date was absent. Original financial statements of Mining and smelting concern Kazakhaltyn JSC for the first quarter of year 2006 are available on KASE's website at http://www.kase.kz/emitters/kzal.asp Bonds of Mining and smelting concern Kazakhaltyn JSC are traded in KASE's official "A" listing category. Primary activities - geological-exploring and geological-searching works conducting, mining and processing of gold ore, producing of gold products, processing, storing and sale of gold and other precious metals and stones, jewelry producing, operations with affined precious metals and precious stones in physical conditions, transportation, organizing of scientific, project- searching and experimental-constructive works. [2006-05-18]