/KASE, March 12, 2020/ – National company "KazMunayGaz" (Nur-Sultan), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following press release of March 12, 2020:
quote
Joint-stock (JSC) National Company (NC) KazMunayGas ("KMG" or "Company"),
Kazakhstan's national vertically integrated oil and gas company, announces its
financial results for 2019 according to International Financial Reporting
Standards (IFRS).
Highlights for 2019:
- EBITDA up 15.0% year-on-year to 1,963 bln tenge (USD 5,126 mln);
- FCF up 42.4% year-on-year to 592 bln tenge (USD 1,537 mln);
- Net debt up 8.6% and amounted to 2,361 bln tenge (USD 6,171 mln)
compared to 31 December 2018 due to cash utilization for the advance
settlement under TCO crude prepayment.
unquote
The full press release is available on KASE website:
-
http://kase.kz/files/emitters/KMGZ/kmgz_reliz_120320_1.pdf – in Russian;
-
http://kase.kz/files/emitters/KMGZ/kmgz_reliz_120320_eng_1.pdf – in English.
[2020-03-12]