National company "KazMunayGaz" reports financial results for first quarter of 2021

21.05.21 09:47
/KASE, May 21, 2021/ – National company "KazMunayGaz" JSC (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated May 20, 2021: quote Joint-stock (JSC) National Company (NC) KazMunayGas ("KMG" or Company), Kazakhstan's national vertically integrated oil and gas company, published its interim condensed consolidated financial statements according to International Financial Reporting Standards (IFRS) 34 "Interim financial statements" for the three months ended March 31, 2021 with independent auditor’s report. Key financial indicators for the first quarter of 2021: - Revenue amounted to 1,433 bln tenge (USD 3,413 mln) in the first quarter of 2021, compared to 1,376 bln tenge (USD 3,513 mln) in the first quarter of 2020; - EBITDA was at 494 bln tenge (USD 1,176 mln), compared to 275 bln tenge (USD 702) in the first quarter of 2020; - The Company's net profit for the period amounted to 286 bln tenge (USD 681 mln) in the reporting period, compared to 70 bln tenge (USD 177 mln) in the first quarter of 2020. Net profit attributable to shareholders of the parent company amounted to 287 bln tenge (USD 683 mln); - FCF amounted to 35 bln tenge (USD 83 mln), compared to 26 bln tenge (USD 66 mln) in the first quarter of 2020; - The Company's net debt was at USD 6,123 mln as of 31 March 2021, having decreased by 0.6% from USD 6,162 mln at the end of 2020; - Total debt decreased by 0.4% to USD 9,655 mln as of 31 March 2021 compared to 31December 2020. unquote The full press release is available on KASE website: - https://kase.kz/files/emitters/KMGZ/kmgz_reliz_200521_1.pdf – in Russian; - https://kase.kz/files/emitters/KMGZ/kmgz_reliz_200521_eng_1.pdf – in English. [2021-05-21]