KazTransOil announces operating results for nine months of 2014

/KASE, November 17, 14/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote According to actual data, the consolidated volume of transportation and transshipment of oil and oil products of group of companies KazTransOil made up 46 mln 32 thousand tons, which by 7% less than the similar indicator for 9 months of 2013. The consolidated oil turnover made up 33 bn 81 mln ton-kilometers, which is by 3% less than in 9 months of 2013. Volume of water supply from Volga for consumers in Atyrau and Mangystau regions of Kazakhstan over water pipeline Astrakhan-Mangyshlak during the reporting period made up 19 mln 123 th. cubic meters, which is by 7% more than in 9 months of 2013. The consolidated revenues for the reporting period made up 146 bn 714 mln tenge, which is by 3.7% more than in 9 months of 2013. At the same time, revenues separately on KazTransOil based on 9 months 2014 made up 132 bn 546 mln, which is by 5.3% higher than in 9 months of 2013. The consolidated net income made up 37 bn 271 mln tenge, which is by 25.6% less than in 9 months of 2013. At the same time, the net income separately on KazTransOil based on results of 9 months of 2014 made up 50 bn 104 mln, which is by 21% higher than in 9 months of 2013. KazTransOil reminds you that for calculation of dividends the highest value of consolidated or separate net income of the Company is used (dividend policy of KazTransOil). unquote [2014-11-17]