National company "KazMunayGaz" announces financial results for nine months of 2021

25.11.21 17:50
/KASE, November 25, 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 November 25, 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 and nine months September 30, 2021, with the independent auditor’s report on review of interim financial information. Key financial indicators for the nine months of 20211: - Revenue increased by 43.7% to 4,792 bln tenge (USD 11,284 mln) in the nine months of 2021, compared to the same period of last year; EBITDA was at 1,590 bln tenge (USD 3,743 mln) in the nine months of 2021, up by 86.8% year-on-year; - The Company's net profit for the period increased 7-fold to 942 bln tenge (USD 2,219 mln) in the reporting period, compared to 136 bln tenge (USD 333 mln) in the nine months of 2020. - Net profit attributable to shareholders of the parent company amounted to 947 bln tenge (USD 2,231 mln); FCF amounted to 438 bln tenge (USD 1,031 mln), compared to 146 bln tenge (USD 357 mln) in the nine months of 2020; - The Company's net debt was at 2,240 bln tenge (USD 5,262 mln) as of 30 September 2021, having decreased by 13.6% from USD 2,594 bln tenge (USD 6,162 mln) at the end of 2020; - Total debt decreased by 1.3% to 4,024 bln tenge (USD 9,453 mln) as of 30 September 2021 compared to 31 December 2020. unquote The complete press release is available on KASE website: - – in Russian; - – in English. [2021-11-25]