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26.05.2022 17:35 #Corporate events

Auditor's report on consolidated financial statements of Tethys Petroleum Limited for 2021 published

/KASE, May 26, 2022/ – Tethys Petroleum Limited (Cayman Islands), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statement for 2021.

According to the audited data as of December 31, 2021 (in th. USD, unless otherwise specified):

-------------------------------------------------
                             as of         as of 
Indicator             Dec. 31, 2021 Dec. 31, 2020
--------------------- ------------- -------------
Equity                       22,359        24,920
Total assets                 73,944        53,817
Total liabilities            51,585        28,897
Net income (net loss)        -3,989       -38,521
ROA, %                        -5.39        -71.58
ROE, %                       -17.84       -154.58
-------------------------------------------------

The company's financial statements for 2021 were audited by Grant Thornton LLP. According to the auditor's opinion, the consolidated financial statements give a true and fair view of the state of affairs of Tethys Petroleum Limited and its subsidiaries as of 31 December 2021 and its losses for the year ended in accordance with the IFRS issued by the IASB.

The report is available on KASE website at – see more

[2022-05-26]