EP KazMunayGas stabilizes cash flow and earns $5 mln
Edited by Rhod Mackenzie / 2016-07-04 05:51:28
Exploration Production KazMunayGas, the third largest oil producer in Kazakhstan, reported on Monday that it stabilized the cash flow against the background of the oil price recovery and earned 1.793 billion tenges ($5 million) of the net profit in the first five months of 2016.
Earlier it reported that in the first three months of 2016 its net profit amounted to 0.9 billion tenges ($3 million) compared to 1.6 billion tenges ($9 million) in the same period of 2015.
