KazMunaiGas reduced net profit by 2.5 times
Edited by Rhod Mackenzie / 2015-06-09 12:15:43
The net profit of KazMunaiGas in 2014 fell by 2.5 times against 2013 from 488.6 bln tenge to 199.2 bln tenge, is said in the company’s consolidated financial report.
The company’s pre-tax profit in 2014 fell by 2.1 times – from 683.2 bln tenge in 2013 to 319.5 bln tenge in 2014.
The loss from the operational activity in 2014 made up 23 bln tenge against the profit of 351.6 bln tenge in 2013.
Meanwhile the gross profit in 2014 fell by 4% in 2014 against 2013 – from 900 bln tenge to 864.6 bln tenge.
The revenue of KazMunaiGas from the sale of products and rendering of services fell from 3.25 trln tenge in 2013 to 3.19 trln tenge in 2014.
