Auditor's report on 2018 consolidated financial statements of KAZAKHALTYN Mining-Metallurgical Concern released

02.09.19 12:58
/KASE, September 2, 2019/ – KAZAKHALTYN Mining-Metallurgical Concern (Stepnogorsk), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2018. According to audited data as of December 31, 2018 (in th. tenge, if not otherwise specified): ----------------------------------------------------------- as of as of Indicator 31.12.18 31.12.17 ----------------------------------- ----------- ----------- Equity 22,034,387 -27,826,521 Total assets 138,830,674 104,224,168 Total liabilities 116,796,287 132,050,689 Revenues 76,365,603 38,877,731 Gross income 31,830,023 15,392,893 Net income (net loss) 20,224,551 -5,596,135 Book value of ordinary share, tenge 187.00 -259.00 ROA, % 14.57 -5.37 ROE, % 91.79 20.11 ROS, % 26.48 -14.39 ----------------------------------------------------------- The company's financial statements for 2018 were audited by Ernst & Young LLP. According to the auditor's opinion, containing a qualified opinion, consolidated financial statements reflect reliably in all significant relations the consolidated financial position of KAZAKHALTYN Mining-Metallurgical Concern and its subsidiaries as of December 31, 2018, as well as their financial results and cash flows for the year ended as of the specified date in accordance with the IFRS. The report is available on KASE website at – http://kase.kz/files/emitters/KZAL/kzalf6_2018_cons_rus.pdf [2019-09-02]