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24.06.2020 10:01 #Corporate events

Auditor's report on consolidated financial statements of Tethys Petroleum Limited for 2019 published

/KASE, June 24, 2020/ – Tethys Petroleum Limited (Cayman Islands), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statement for 2019.

According to audited data as of December 31, 2019 (in th. USD, unless otherwise specified):

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                             as of         as of 
Indicator             Dec. 31, 2019 Dec. 31, 2018
--------------------- ------------- -------------
Equity                       47,454        56,257
Total assets                108,834       108,732
Total liabilities            61,380        52,475
Sales volume                 12,717        10,339
Net income (net loss)        -8,803         4,521
ROA, %                        -8.09          4.16
ROE, %                       -18.55          8.04
ROS, %                       -69.22         43.73
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The company's financial statements for 2019 were audited by Grant Thornton UK LLP. According to the auditor's opinion, the consolidated financial statements give a true and fair view of the state of Tethys Petroleum Limited and its subsidiaries as of 31 December 2019 and its losses for the year ended in accordance with the IFRS issued by the IASB.

The report is available on KASE website at – see more

[2020-06-24]