Main results of activity of UKTMC JSC (Kazakhstan) for Q1 of 2006

18.05.06 21:18
/IRBIS, Assel Omarova, May 18, 06/ - Ust-Kamenogorsk titanium- magnesium combine JSC (UKTMC JSC, Ust-Kamenogorsk), within listing requirements, has presented to Kazakhstan stock exchange (KASE) its financial statements for the first quarter of 2006. Similar indicators for year 2005 are given in parentheses. According to the presented data, the company's net profit for the mentioned period totaled KZT109.2 m. (KZT249.9 m.). According to data of UKTMC JSC income from major activities for the first quarter of2006 equaled to KZT3,979.9 m. (KZT3,338.9 m.) while its prime cost of sold production was KZT3,445.1 m. (KZT2,792.5 m.). Assets of the company as of March 31, 2006 were KZT10,073.1 m., compared to KZT9,895.2 m. as of January 1 0f 2006. Equity capital of the company as of March 31 of 2006 reached KZT9,570.2 m., compared to KZT9,461.0 m. by the beginning of the year. At that, authorized capital has not been changed and is estimated by the company in the first quarter of 2006 at KZT157.5 m. Unpaid authorized capital was absent according to balance sheet. Original non-audited financial statements of UKTMC JSC for 2005 is available on KASE's web-site at http://www.kase.kz/emitters/utmk.asp Shares of UKTMC JSC are traded in KASE's official "A" listing category. The company's primary activities - production and sale of non-ferrous metals, accompanying production. [2006-05-18]