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01.07.2023 17:36 #Corporate events

Audit report of 2022 consolidated financial statements of AsiaAgroFood JSC released

/KASE, July 1, 2023/ – AsiaAgroFood JSC (Almaty Region), with its shares officially listed on the Kazakhstan Stock Exchange (KASE), provided KASE with an audit report of the 2022 consolidated financial statements of the company.

Based on audited data as at 31 December 2022 (in k tenge, unless otherwise indicated):

---------------------------------------------------------
                                         as of      as of
Parameter                             31.12.22   31.12.21
----------------------------------- ---------- ----------
Equity capital                      13,643,370 11,086,734
Total assets                        48,512,243 32,272,400
Total liabilities                   34,868,873 21,185,666
Sales volume                        52,486,603 46,794,539
Gross income                         6,730,992  3,804,142
Net profit (net loss)                2,858,256  2,635,785
Book value of ordinary share, tenge      1,990      1,617
ROA, %                                    5.89       8.17
ROE, %                                   20.95      23.77
ROS, %                                    5.45       5.63
---------------------------------------------------------

Audit of the 2022 financial statements of the company was carried out by Crowe Audit KZ LLP. According to the auditor's report, the consolidated financial statements, in all material respects, fairly reflect the consolidated financial position of AsiaAgroFood JSC and its subsidiaries as of December 31, 2022, as well as their consolidated financial results and consolidated cash flows for the year ended on that date, in compliance with the IFRS.

The report is available on the KASE website at see more

[2023-07-01]