Main results of activity of Kazakhstan Kagazy JSC (Kazakhstan) in Q1 of year 2006

23.06.06 20:34
/IRBIS, Assel Omarova, June 23, 06/ - Kazakhstan Kagazy JSC (Abay set-t, Karasay region, Almaty oblast), within listing requirements, has presented to Kazakhstan stock exchange (KASE) its consolidate financial statements for first quarter of year 2006, prepared in compliance with international accounting standards. Similar indicators for year 2005 are given in parentheses. According to the presented data, the company's net income for specified period totaled KZT119.0 m. (KZT14.8 m.). According to data of Kazakhstan Kagazy JSC income from ready products sale (goods, work, services) for the first quarter of year 2006 reached KZT1,096.5 m. (KZT721.4 m.) while their prime cost was KZT769.0 m. (KZT468.9 m.). Assets of the company as at March 31 of 2006 were KZT18,886.4 m., compared to KZT15,883.4 m. as of December 31 of 2005. Equity capital as of March 31, 2006 was KZT6,540.4 m., compare to KZT6,483.2 m. by the beginning of the year At that, authorized capital since beginning of 2006 has not been changed and estimatied by the company at KZT4,380.5 m. Unpaid authorized capital according to balance sheet was absent. Original consolidate financial statements of Kazakhstan Kagazy JSC for the fist quarter of year 2006 is available on KASE's web-site at http://www.kase.kz/emitters/kkag.asp Bonds of Kazakhstan Kagazy JSC are traded in KASE's official "A" listing category. Company's primary activities - paper products production. [2006-06-23]