Results of activity of Mining-smelting concern Kazakhaltyn JSC (Kazakhstan) in the I half of 2004

23.08.04 17:18
/IRBIS, Galina Tsalyuk, August 23, 04/ - Mining-smelting concern Kazakhaltyn JSC (Stepnogorsk), whose bonds are circulating in the official "A" listing category of Kazakhstan stock exchange Inc. (KASE), provided KASE with the financial statement for the I half of 2004. Following indicators are result of the issuer's financial and economic activity in the I half of 2004, based on the issuer's data (th. KZT): ----------------------------------------------- as of as of Indicator Jan 1, 04 Jul 1, 04 ------------------------- --------- --------- Authorized capital (paid) 1,538,711 1,538,711 Shareholders' equity 1,589,065 1,640,754 Total assets 3,515,376 4,389,544 Net working capital 371,324 610,675 Accounts receivable 1,202,800 1,103,386 Liabilities, total 1,926,311 2,748,790 Borrowed loans 1,490,536 1,604,420 Accounts payable 435,775 405,882 Issued bonds - 738,488 Sales volume 1,526,355 603,278 Cost of goods sold 1,097,520 407,599 Net income for the period 72,079 55,081 ----------------------------------------------- Comparative analysis of results of activity in the I half of 2004 and 2003 is not given since KASE does not have financial statement of Mining-smelting concern Kazakhaltyn JSC for similar period of 2003. Company's primary activities - exploration and prospecting works, extraction and processing of gold-containing ore, production of gold-containing goods, manufacture, storage and sale of gold and other precious metals, export of gold and other precious metals and precious stones, jewelry production, operations with refined precious metals and precious stones in physical condition, transportation, organization of scientific and development works and development projects. [2004-08-23]