Results of OJSC "Ural-Poliplast" (Kazakhstan) in 9 months of 1999

/KASE, Dec.22, 99/ - According to KASE listing requirements OJSC "Ural- Poliplast" (Uralsk, official list of securities, category "B") provided Kazakhstan Stock Exchange (KASE) with its financial statements for 9 months of 1999: balance sheet and income statement. Following are the results of the emitter in nine months of 1999 (in thousand tenges): As of As of Indicator January 1 '99 October 1 '99 ------------------------------ --------------- ------------- Authorized capital (paid) 11,092 11,092 Shareholders equity 26,652 20,729 Total assets 53,332 50,476 Net working capital 2,266 -1,695 Accounts receivable 22,721 20,649 Accounts payable 24,653 27,675 Sales (services offered) 32,816 8,793 Cost of goods sold (services offered) 29,298 11,160 Net income (loss) of the period 5,288 (5,774) ------------------------------ --------------- ------------- Book value of a share equaled KZT186.88 at the end of reporting period. No comparison is given with the results of 9 months of 1998, because of absence of financial statements of the company for the indicated date (according to listing requirements, the emitter provides with its quarter financial statements for the current year only when the company's securities are entered into official list of the Exchange). Dynamics of sales and income of OJSC "Ural-Poliplast" are shown in the next table on quarterly non-accruing basis (in thousand tenges): Indicator I-99 II-99 Change,% III-99 Change,% ---------- ------ ----- -------- ------ -------- Sales 3,633 2,342 -35.5 1,822 -22.2 Net income -3,502 -377 +89.2 -1,895 -402.7 ---------- ------ ----- -------- ------ -------- Common inscribed shares of the company were entered into official list of securities of the Exchange on July 16, 1999. The date the trades started in these papers - August 2 of this year. Primary activities of OJSC "Ural-Poliplast": production and sale of plastic goods, production of pressed templates, offering services to legal entities and private persons.