Results of activity of Almaty Kus OJSC (Kazakhstan) for the I half-year of 2003

/KASE, September 8, 03/ - Almaty Kus OJSC (Almaty oblast, Chapayevo settlement), whose securities are circulating in Kazakhstan stock exchange's (KASE) official "A" listing category, provided KASE with the financial statement for the I half-year of 2003. The following indicators are result of the issuer's financial and economic activity for the I half-year of 2003, based upon the issuer's data (in th. KZT, unless otherwise specified): ------------------------------------------------------------------------------- As of As of Indicator July 1, 02 July 1, 03 Change,% --------------------------------------------- ---------- ---------- -------- Authorized capital (paid excluding withdrawn) 1,199,882 1,198,621 -0.1 Shareholders' equity 1,584,885 1,801,189 +13.6 Total assets 5,068,534 6,778,950 +33.7 Net working capital 3,237,089 2,758,877 -14.8 Accounts receivable 2,445,851 5,440,632 +122.4 Total liabilities 3,483,649 4,977,761 +42.9 Attracted credits 490,378 616,886 +25.8 Floated bonds 2,593,055 2,840,764 +9.6 Accounts payable 400,216 1,520,111 +279.8 Sales volume 503,676 1,416,729 +181.3 Cost of goods sold 494,165 1,289,060 +160.9 Net income for the period 14,634 31,549 +115.6 Book value of one share, KZT 13.21 15.03 +13.8 ------------------------------------------------------------------------------- Relative to similar period of 2002 there increase of: - shareholders' equity - by KZT216.3 m. as the result of increase of total sum of undistributed income by 213.4 m. and reserve capital - by 4.2 m., whereas there took place withdrawal of capital (purchase of own shares) for 1.3 m.; - assets - by KZT1.7 bn, in accordance with increase of accounts receivable by 3.0 bn., whereas there took place decrease of funds by 1.2 bn. and other assets - by 106.0 m.; - liabilities - by KZT1.5 bn., including: accounts payable - by 1.1 bn., floated bonds - by 247.7 m. and attracted credits - by KZT126.5 m.; - sales volume - by KZT913.1 m.; - cost of goods sold - by KZT794.9 m. Net income, which Almaty Kus OJSC received according to results of the I half-year of 2003, increased by KZT16.9 m. relative to similar period of 2002. Company's primary activities - production and sale of poultry keeping production, leasing. Major types of production: saleable and pedigree egg of poultry, pedigree chickens, dried eggs and poultry's meat. [2003-09-08]