Main results of activity of Kazakhstan Kagazy JSC (Kazakhstan) in the first half-year of 2006

06.09.06 20:32
/IRBIS, Natalya Kuznetsova, September 6, 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 half-year of 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 the specified period totaled KZT411.5 m. (KZT25.8 m.). According to data of Kazakhstan Kagazy JSC income from ready products sale (goods, work, services) for the first half-year of 2006 reached KZT2,991.0 m. (KZT1,579.6 m.), while their prime cost was KZT2,296.1 m. (KZT990.6 m.). Assets of the company as of June 30 of 2006 were KZT25,082.1 m., compared to KZT16,065.5 m. as of December 31 of 2005. Equity capital as of June 30, 2006 was KZT12,385.6 m., compare to KZT6,044.6 m. by the beginning of the year At that, authorized capital since the beginning of 2006 has increased by KZT5, 929.5 m. and estimated by the company at KZT10,310.0 m. by the end of June. Unpaid authorized capital according to balance sheet was absent. Original financial statements of Kazakhstan Kagazy JSC for the fist half-year of 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. [2006-09-06]