/KASE, November 22, 2024/ – National Company "KazMunayGas" JSC
(Astana), whose securities are officially listed on Kazakhstan Stock Exchange
(KASE), has provided KASE with the following press release dated November 22,
2024:
quote
Joint-stock National Company KazMunayGas (“KMG” or Company), Kazakhstan's
national oil and gas company, published its interim condensed consolidated
financial statements prepared in accordance with International Financial
Reporting Standards (IFRS) 34 "Interim Financial Statements" for the three and
nine months ended 30 September 2024, with an independent auditor’s report on
the results of the review of interim financial information.
Key financial indicators for nine months of 2024* compared to nine months
of 2023:
- Revenue amounted to 6,349 bln tenge (USD 13,838 mln) compared to 6,088
bln tenge (USD 13,440 mln);
- EBITDA amounted to 1,601 bln tenge (USD 3,490 mln) compared to 1,679 bln
tenge (3,706 mln);
- The Company's net profit including share in income of joint ventures and
associates amounted to 867 bln tenge (USD 1,890 mln) compared to 946 bln
tenge (USD 2,089 mln);
- Net profit adjusted for share in profit of joint ventures and associates**
amounted to 1,018 bln tenge (USD 2,220 mln) compared to 597 bln tenge
(USD 1,317 mln);
- Free cash flow amounted to 1,012 bln tenge (USD 2,207 mln) compared to
458 bln tenge (USD 1,010 mln);
- Gross debt as of 30 September 2024 amounted to 3,819 bln tenge (USD 7,938
mln) compared to 3,757 bln tenge (USD 8,265 mln) as of 31 December 2023;
- The Company's net debt as of 30 September 2024 was at 1,260 bln tenge
(USD 2,619 mln) compared to 1,645 bln tenge (USD 3,620 mln) as of 31
December 2023.
* The amounts were converted to US dollars for user convenience at average
exchange rates for respective periods (average USD/KZT for the nine months of
2024 and 2023 were at 458.79 and 452.97 respectively; period-end USD/KZT as
of 30 September 2024 and 31 December 2023 were at 481.19 and 454.56
respectively.
** Net profit adjusted for share in profit of joint ventures and associates =
Net profit plus dividends received from joint ventures and associates, minus
share of income of joint ventures and associates.
unquote
The complete press release is available on:
-
https://kase.kz/files/emitters/KMGZ/kmgz_relizs_221124_kz_1.pdf – in Qazaq;
-
https://kase.kz/files/emitters/KMGZ/kmgz_relizs_221124_rus_1.pdf – in
Russian;
-
https://kase.kz/files/emitters/KMGZ/kmgz_relizs_221124_en_1.pdf – in English.
[2024-11-22]