Auditor's report on consolidated financial statements of Maten Petroleum for 2019 released

02.09.20 09:53
/KASE, September 2, 2020/ – Maten Petroleum (Atyrau), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2019. According to audited data as of December 31, 2019 (in th. tenge, unless otherwise specified): ------------------------------------------------------------------ as of as of Indicator Dec. 31, 2019 Dec. 31, 2018 -------------------------------------- ------------- ------------- Equity 23,898,600 -12,405,550 Total assets 206,697,589 194,864,329 Total liabilities 182,798,989 207,269,879 Sales 149,985,255 137,990,971 Gross margin 116,048,811 109,481,539 Net income (net loss) 36,304,150 11,775,106 Book value of an ordinary share, tenge 298.00 -156.00 ROA, % 17.56 6.04 ROE, % 151.91 -94.92 ROS, % 24.21 8.53 ------------------------------------------------------------------ The company's financial statements for 2019 were audited by Ernst & Young LLP. According to the auditor's report, consolidated financial statements present fairly, in all material respects, the consolidated financial position of Maten Petroleum and its subsidiaries as of December 31, 2019, and consolidated 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 (in Russian) at – https://kase.kz/files/emitters/MATN/matnf6_2019_cons_rus.pdf [2020-09-02]