/KASE, May 13, 2020/ – Baiterek Development (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statements for 2019.

According to audited data as of December 31, 2019 (in th. tenge, if not otherwise specified):

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                            as of       as of
Indicator                31.12.19    31.12.18
--------------------- ----------- -----------
Equity                 97,991,032  69,810,901
Total assets          449,568,680 378,866,485
Total liabilities     351,577,648 309,055,584
Net income (net loss)  15,815,415  11,045,831
ROA, %                       3.52        2.92
ROE, %                      16.14       15.82
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The company's financial statements for 2019 were audited by KPMG Audit LLP. According to the auditor's opinion, the financial statements reflect reliably in all significant aspects the financial position of Baiterek Development as of December 31, 2019, 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 see more

[2020-05-13]