Main results of activity of Ust-Kamenogorsk titanium-magnesium combine JSC (Kazakhstan) in Q2 of year 2006

17.08.06 19:36
/IRBIS, Ruslan Dzyubaylo, August 17, 06/ -Ust-Kamenogorsk titanium magnesium combine JSC (Ust-Kamenogorsk) has furnished Kazakhstan stock exchange (KASE) within listing requirements with financial statements for the second quarter of year 2006. In parenthesis analogical indicator for 2005 is given. According to the furnished data net income of the company for the mentioned period made KZT129.6 m. (KZT739.6 m.). According to the data of Ust-Kamenogorsk titanium-magnesium combine, income from production sale (goods, works, services) in the second quarter of the current year made KZT7,819.1 m. (KZT7,170.5 m.) on its prime cost at KZT6,801.5 m. (KZT5,821.8 m.). Assets of the company as of July 1, 2006 totaled KZT10,271.9 m., whereas by the end of 2005 this indicator equaled to KZT9,895.2 m. Shareholders' equity of the company as of July 1, 2006 reached KZT9,590.6 m., compared to KZT9,461.0 m. as of December 31, 2005. Authorized capital has not been changed since the beginning of the year and is estimated at KZT157.5 m. Unpaid and withdrawn authorized capital of the company was absent due to data of the balance sheet. Original financial statements of Ust-Kamenogorsk titanium magnesium combine JSC for the second quarter of year 2006 is available on KASE's web site at http://www.kase.kz/emitters/utmk.asp Common and preferred shares of Ust-Kamenogorsk titanium magnesium combine JSC are traded in KASE's official "A" listing category. Main kinds of company's activity are manufacturing and sale of non-ferrous metals, concurrent products, consumer goods, foreign economic activity, works performance and rendering services to enterprises, organizations and citizens. [2006-08-17]