First-quarter net profit of PetroKazakhstan Inc OJSC up to $87.5 m

/Kazakhstan today, May 5, 04/ - Kazakhstan today news agency reports that first-quarter profit at PetroKazakhstan Inc. jumped nearly 28 percent up to $87.5 m. Cash flow rose 29 percent to $115 million. Net profit and cash flow for each watered share rose by 30.1 and 31.5% correspondingly. Net profit of PetroKazakhstan in 2003 equaled $317.5 m, 2002 - $162.6 m. PetroKazakhstan, fully integrated power company, operates in Kazakhstan for 7 years. The main activity: exploration, production and export of oil as well as refining and sale of oil products. [2004-05-05]