Auditor’s report on consolidated financial statements of Ust-Kamenogorsk Titanium Magnesium Plant for 2019 published

30.07.20 13:28
/KASE, July 30, 2020/ – Ust-Kamenogorsk Titanium Magnesium Plant (Ust-Kamenogorsk), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), provided KASE with auditor's report on the company's consolidated financial statement for 2019. According to audited data as at December 31, 2019 (in mln KZT, unless otherwise specified): ---------------------------------------------------------------- as at as at Indicator Dec. 31, 2019 Dec. 31, 2018 ------------------------------------ ------------- ------------- Equity 32,547,459 24,551,706 Total assets 127,798,859 99,843,655 Total liabilities 95,251,400 75,291,949 Sales 76,470,765 57,670,420 Gross revenue 20,959,568 14,989,168 Net profit (net loss) 9,153,492 3,358,505 Book value of an ordinary share, KZT 16,354.00 12,281.00 Book value of a preferred share, KZT 20.00 20.00 ROA, % 7.16 3.36 ROE, % 28.12 13.68 ROS, % 11.97 5.82 ---------------------------------------------------------------- The company's financial statements for 2019 were audited by BDO Kazakhstan LLP. According to the auditor’s report, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of Ust- Kamenogorsk Titanium Magnesium Plant and its subsidiaries as at December 31, 2019 and its consolidated financial results and consolidated cash flows for the year then ended in accordance with IFRS. The report is available on KASE website (in Russian) at https://kase.kz/files/emitters/UTMK/utmkf6_2019_cons_rus.PDF [2020-07-30]