NAC Kazatomprom CJSC informed about approval of Indicative development plan for 2004 - 2006

/IRBIS, Ranida Gabdeyeva, February 18, 04/ - NAC Kazatomprom CJSC (Almaty), whose bonds are traded in Kazakhstan stock exchange's (KASE) official "A" listing category, has spread press-release, which says than on February 16 of 2004 The Republican budget commission in Astana approved Indicative development plan of the national atomic company for 2004 - 2006. NAC Kazatomprom CJSC informs that according to the presented Development plan of NAC Kazatomprom for 2004 - 2006 investment projects will be realized at company's expense. Total volume of investments in 2004 - 2006 will be KZT26.4 bn. and will be spent for development of all production types of the company. The press-release says that consolidated income from goods sale in 2006 will grow by 44% against the level of 2003 to KZT47 bn. It's planned to increase the company's net income 2 times in comparison with indicator of 2003 to KZT5.9 bn. Fulfillment of development program of NAC Kazatomprom for 2004 - 2006 will let increase sum of taxes and deductions to the budget by 45% in 2006 against the level of 2003 that will be KZT6 bn. [2004-02-18]