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):
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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
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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]