Auditor's report on consolidated financial statements of Ust-Kamenogorsk Titanium Magnesium Plant for 2023 published

09.07.24 12:24
/KASE, July 9, 2024/ – Ust-Kamenogorsk Titanium Magnesium Plant JSC (Oskemen), 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 2023. According to the audited data as of December 31, 2023 (in th. tenge, unless otherwise specified): ------------------------------------------------------------------ as of as of Indicator Dec. 31, 2023 Dec. 31, 2022 -------------------------------------- ------------- ------------- Equity 50,112,857 47,193,350 Total assets 198,656,827 180,804,852 Total liabilities 148,543,970 133,611,502 Sales 81,790,472 75,626,462 Gross income 22,044,683 27,980,575 Net income (net loss) 4,070,867 6,691,712 Book value of an ordinary share, tenge 24,378 22,698 ROA, % 2.05 3.70 ROE, % 8.12 14.08 ROS, % 4.98 8.85 ------------------------------------------------------------------ The company's financial statements for 2023 were audited by Moore Kazakhstan LLP. According to the auditor's opinion, the consolidated financial statements present fairly, in all material aspects, the consolidated financial position of Ust- Kamenogorsk Titanium Magnesium Plant JSC and its subsidiaries as of December 31, 2023 and their consolidated financial results and consolidated cash flows for the year ended as of the specified date in accordance with IFRS. The report is available on KASE website at – https://kase.kz/files/emitters/UTMK/utmkf6_2023_cons_rus.pdf [2024-07-09]