Results of activity of Ust-Kamenogorsk reinforce plant JSC (Kazakhstan) in the I quarter of 2005

/IRBIS, Galina Tsalyuk, August 15, 05/ - Ust-Kamenogorsk reinforce plant JSC (Ust-Kamenogorsk, hereinafter - company), whose shares are included in the official "B" listing category of Kazakhstan stock exchange (KASE), presented to KASE the financial statement for the I quarter of 2005. Following indicators are result of issuer's financial and economic activity in the I quarter of 2005 based upon the issuer's data (th. KZT, unless otherwise specified): ------------------------------------------------------------- As of As of Indicator Jan 1, 05 Apr 1, 05 ----------------------------------------- --------- --------- Authorized capital (paid minus withdrawn) 334,975 334,975 Shareholders' equity 953,670 882,396 Total assets 2,286,926 2,049,725 Net working capital 280,646 200,110 Accounts receivable 588,650 234,520 Total liabilities 1,333,256 1,167,329 Accounts payable 961,112 271,179 Borrowed loans 372,145 896,150 Sales volume 1,524,276 48,634 Cost of goods sold 1,110,019 42,432 Expenses of the period 339,274 76,250 Net income (loss) for the period 37,604 (71,271) Book value of one share, KZT 2,846.99 2,634.21 ------------------------------------------------------------- Comparative analysis of results of the company's activity for the I quarters of 2004 and 2005 is not given because the exchange does not have the company's financial statement for similar period of 2004. Company's primary activities - activities: production of pipeline reinforce, oil and gas equipment, spare parts for oil refining equipment and other machine-building production. [2005-08-15]