Auditor's report on consolidated financial statements of National Company "Kazakhstan Engineering" for 2019 published

30.12.20 14:42
/KASE, December 30, 2020/ – National Company "Kazakhstan Engineering" (Nur-Sultan), whose bonds 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. KZT, unless otherwise specified): ----------------------------------------------------------------- as of as of Indicator Dec. 31, 2019 Dec. 31, 2018 ------------------------------------- ------------- ------------- Equity 15,038,893 18,554,909 Total assets 136,449,829 82,401,995 Total liabilities 121,410,936 63,847,086 Sales volume 95,196,305 107,062,826 Gross margin 9,703,135 6,406,579 Net income (net loss) -4,994,808 -1,578,624 Book value of one ordinary share, KZT 0.555 0.735 ROA, % -3.66 -1.92 ROE, % -33.21 -8.51 ROS, % -5.25 -1.47 ----------------------------------------------------------------- The company's financial statements for 2019 were audited by BDO Kazakhstan LLP. According to the auditor's report, the consolidated financial statements, containing a qualified opinion, present fairly, in all material respects, the consolidated financial position of National Company "Kazakhstan Engineering" JSC and its subsidiaries as of December 31, 2019 and their consolidated financial results and consolidated cash flows for the year ended as of the specified date, in accordance with IFRS. The report is available on KASE website (in Russian) at – https://kase.kz/files/emitters/KZEN/kzenf6_2019_cons_rus.pdf [2020-12-30]