Mortgage organization Kazakhstan Mortgage Company published Y2010 H1 performance results

16.09.10 17:42
/KASE, September 16, 10/ - Mortgage organization Kazakhstan Mortgage Company (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, provided to KASE the following press release: quotation starts According to audited financial statements, the revenues of Mortgage organization Kazakhstan Mortgage Company in Y2010 H1 were KZT6,605,991 th., the net profit was KZT1,059,736 th. against the loss in the size of KZT3,212,274 th. for the similar Y2009 period. Assets as of July 1, 2010 made up KZT103,471,283 th., and if compared with the beginning of the year, increased by KZT238,577 th. (as of January 1, 2010 the assets made up KZT103,232,706 th.). The liabilities made up KZT80,855,657 th., increasing by KZT541,341 th. (as of January 1, 2010 they equaled KZT80,314,316 th.). The authorized capital was equal to KZT22,615,626 th. decreasing by KZT302,764 th. (as of January 1, 2010 it equaled KZT22,918,390 th.). As of July 1, 2010 the loan portfolio made up KZT66,021,780 th., decreasing by KZT2,006,492 th. (as of January 1, 2010 it equaled KZT68,028,272 th.). By results of Y2010 H1, rights to claim a total of KZT1,612,873 th. on 354 mortgage loans were acquired. The overall number of loans was 23,303 (as of September 9, 2010). Altogether during the mentioned period the company has registered 21 bond issues to the amount of KZT107.5 bn., of which: - bonds to the amount of KZT63.6 bn. are in circulation, - repaid and bought back bonds amount to KZT43.9 bn In Y2010 H1, the company bought back bonds to the amount of KZT5.6 bn. and paid out bond coupons in the size of KZT2.6 bn. Contact person: Katerina Tretyakova Head PR and Advertisement Department of Mortgage Organization Kazakhstan Mortgage Company 8 (727) 341-72-22 ext. 141, 8 (777) 263 15 40 quotation ends [2010-09-16]