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Market and Company News
09.12.2005 15:09

Main results of activity of KazAgroTrade+ LLP (Kazakhstan) in January-September of 2005

/IRBIS, Assel Omarova, Andrey Tsalyuk, December 9, 05/ - According to non-audited financial statement of KazAgroTrade+ LLP (Astana) for 9 months of 2005, presented to Kazakhstan stock exchange (KASE) within listing requirements, company's net loss for the reporting period reached KZT651.5 m. Comparable data for 9 months of 2004 is absent, however the company's net income for the whole year 2004, according to its financial statement, totaled KZT49.5 m.

According to data of KazAgroTrade+ LLP income from ready products sale (goods, works, services) for the first 9 months of this year is estimated at KZT491.0 m. (for the whole 2004 - KZT1,341.9 m.) while its (their) prime cost is KZT501.3 m. (KZT975.1 m. correspondingly). The company has sold a total of 1,292 tons of commodity wheat in the reporting period.

Assets of the company as of October 1 of 2005 were KZT9,508.0 m., whereas at year-beginning this indicator was KZT3,892.5 m.

Equity capital of KazAgroTrade+ LLP as of October 1 of 2005 was negative - minus KZT35.9 m. - in comparison with KZT617.8 m. at year-beginning. At that, authorized capital has remained unchanged at KZT131.0 th. (unpaid authorized capital is absent).

Full financial statement of KazAgroTrade+ LLP for 9 months of this year is available on KASE's web-site at see more

Bonds of KazAgroTrade+ LLP are traded in KASE's official "B" listing category.

Company's primary activities - production, purchase and sale of grain crops.

[2005-12-09]