Results of activity of Mining-smelting concern Kazakhaltyn JSC (Kazakhstan) in 9 months of 2004
15.11.04 11:08
/IRBIS, Galina Tsalyuk, November 15, 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 9 months of 2004.
Following indicators are result of the issuer's financial and economic activity
in 9 months of 2004, based on the issuer's data (th. KZT):
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as of as of
Indicator Jan 1, 04 Oct 1, 04
-------------------------------- --------- ---------
Authorized capital (paid) 1,538,711 1,538,711
Shareholders' equity 1,589,065 3,108,502
Total assets 3,515,376 6,245,368
Net working capital 371,324 924,615
Accounts receivable 1,202,800 1,583,420
Liabilities, total 1,926,311 3,136,866
Borrowed loans (excluding bonds) 1,490,536 1,745,796
Accounts payable 435,775 402,582
Issued bonds - 988,488
Sales volume 1,526,355 864,568
Cost of goods sold 1,097,520 564,251
Net income for the period 72,079 68,718
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Comparative analysis of results of activity in 9 months 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.
[2004-11-15]