Zhaikmunai (Kazakhstan) announced Zhaikmunai LP Y2012 results

18.03.13 15:18
/KASE, March 18, 13/ – Zhaikmunai (Uralsk), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of March 18, 2013: quotation Zhaikmunai LP (“Zhaikmunai”), the oil and gas exploration and production enterprise with assets in north-western Kazakhstan, today communicates its full-year financial results for the year ended 31st December 2012. 2012 KEY HIGHLIGHTS - Total production (crude oil and GTF products) almost tripled in 2012 to 13,520,040 boe (182% increase); - Revenue more than doubled in 2012 to US$ 737 million (115% increase); - EBITDA more than doubled in 2012 to US$ 460 million (133% increase); - Net income doubled in 2012 to US$ 162 million (98% increase); - Balance sheet remained very strong in 2012 with US$ 251 million in cash and equivalents (93% increase). ends The press release full version is available on KASE website at: - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_180313.pdf – in Russian; - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_180313_e.pdf – in English. [2013-03-18]