Main activity results of MAG JSC (Kazakhstan) for 9 months of year 2006

14.11.06 21:46
/IRBIS, Natalya Kuznetsova, November 14, 06/ - MAG JSC (Almaty) within listing requirements, has presented to Kazakhstan stock exchange (KASE) the audited consolidated financial statements for 9 months of year 2006 (indicator for the similar period of 2005 is given in parentheses). According to the presented data, for the indicated period the company received the net income in size of KZT646.9 m. (KZT173.9 m.) According to company's data, income from sale of ready products (works, services) for January-September of the current year totaled KZT6,626.4 m. (KZT1,217.6 m.) with expenses on its prime cost in size of KZT5,707.6 m. (KZT916.5 m.) Assets of the company as of September 30, 2006 totaled KZT7,477.9 m. in comparison with KZT3,249.3 m. as of the end of year 2005. Shareholders' equity of the company as of September 30, 2006 was equal to KZT1,327.5 m. compared to KZT222.5 m. as of December 31, 2005. Authorized capital has increased since the beginning of the year by KZT458.1 m. and is estimated by the company at KZT470.0 m. Original financial statements of MAG JSC for the 9 months of year 2006 are available on KASE's website at http://www.kase.kz/emitters/mag_.asp Shares and bonds of MAG JSC were included in KASE's official "B" listing category. Company's primary activities - investments in construction of dwelling and commercial units of city infrastructure, their sale; execution of building, assembly works, production and sale of building materials. [2006-11-14]