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03.08.2020 17:41 #Corporate events

Auditor’s report on consolidated financial statements of KAZAKHALTYN Mining-Metallurgical Concern for 2019 published

/KASE, August 3, 2020/ – KAZAKHALTYN Mining-Metallurgical Concern (Stepnogorsk), 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):

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                                            as at         as at 
Indicator                            Dec. 31, 2019 Dec. 31, 2018
------------------------------------ ------------- -------------
Equity                                  45,918,468    22,034,387
Total assets                           175,344,597   138,830,674
Total liabilities                      129,426,129   116,796,287
Sales                                  113,911,519    76,365,603
Gross revenue                           60,561,743    31,830,023
Net profit (net loss)                   27,309,462    20,224,551
Book value of an ordinary share, KZT        399.00        187.00
ROA, %                                       15.57         14.57
ROE, %                                       59.47         91.79
ROS, %                                       23.97         26.48
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The company's financial statements for 2019 were audited by Ernst & Young. According to the auditor’s report, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of KAZAKHALTYN Mining-Metallurgical Concern 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 see more

[2020-08-03]