For January - September 2011 Ore mining and processing enterprise Tort Kudyk JSC got KZT 692.0 million net profit

06.12.11 17:40
/IRBIS, December 6, 2011/ - Kazakhstan Stock Exchange (KASE) published on its website the financial statements of Ore mining and processing enterprise Tort Kudyk JSC Astana) for the III quarter of 2011 at http://www.kase.kz/ru/emitters/show/tkud According to data provided in the unconsolidated financial statements, the company's assets as of September 30, 2011 amounted to 3,286.9 million tenge, or 20.4% more than at the end of 2010. In this short-term liabilities of the company for the third quarter of 2011 from the beginning of the year decreased by 25.3 times and amounted to KZT 5.6 million, long-term liabilities - have not changed and amounted to 551.8 million tenge. For 9 months ended September 30, 2011, the gross profit was 766.2 million tenge, which is 4.3 times more than the same period of 2010. Operating profit for the period compared to January-September 2010 increased by 5.2 times and amounted to 729.3 million tenge. Profit before tax for the first 9 months of 2011 amounted to 697.0 million tenge, which is 7.5 times more than on 30 September 2010. During the reporting period, net income amounted to 692.0 million tenge, which is 7.5 times greater than the result obtained in January-September 2010. [2011-12-06]