Main results of activity of Kazakhstan Ust-Kamenogorsk reinforce plant JSC (Kazakhstan) for Q1 of year 2007

10.08.07 14:45
/IRBIS, Dinara Mukasheva, August 10, 07/ - Ust-Kamenogorsk reinforce plant JSC (Ust-Kamenogorsk), within listing requirements, has presented to Kazakhstan stock exchange (KASE) its financial statements for first quarter of year 2007, prepared in compliance with international accounting standards. The indicator for the similar period of year 2006 is given in the parentheses. According to the presented data, the company's net income for the specified period increased by KZT37.8 m. and totaled KZT83.9 m. (KZT46.1 m.). According to data of Ust-Kamenogorsk reinforce plant JSC income from ready products sale and services rendering for January-March of current year totaled KZT963.1 m. (KZT646.7 m.), while charges on their prime cost were KZT764.6 m. (KZT536.3 m.). Assets of the company as of March 31, 2007 were KZT3,494.5 m., compared to KZT2,991.6 m. as of beginning of year. Equity capital as of March 31, 2007 had reached KZT1,579.0 m., compared to KZT1,030.2 m. by the beginning of the year. Authorized capital since the beginning of year increased by KZT465.0 m. and as of end of first quarter is estimated by the company at KZT800.0 m. Original financial statements of Ust-Kamenogorsk reinforce plant JSC is available on KASE's web-site at http://www.kase.kz/emitters/ukaz.asp Shares of Ust-Kamenogorsk reinforce plant JSC are traded in KASE's official "B" listing category. Company's primary activities - production of pipeline reinforce, oil- and gas- production equipment, spare details for oil mining equipment and other machinery constructing industry. [2007-08-10]