National company "KazMunayGaz" announces Q1 2020 financial results

03.06.20 11:49
/KASE, June 3, 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 June 3, 2020: quote Joint-stock (JSC) National Company (NC) KazMunayGas ("KMG" or "Company"), Kazakhstan's national vertically integrated oil and gas company, published its interim condensed consolidated financial statements for the first quarter of 2020, prepared in accordance with IAS 34, Interim Financial Reporting with independent auditor’s report on review of interim financial information. Highlights for the first quarter of 2020: - EBITDA was down by 43.7% year-on-year to 275 bln tenge (USD 702 mln); - FCF amounted to 26 bln tenge (USD 66 mln); - Net debt amounted to USD 6,185 mln, almost unchanged compared to USD 6,171 mln asat 31 December 2019. unquote The complete press release is available on KASE website – [2020-06-03]