KMG increased net profit under IAS by 2.5 times

​The net profit of KMG under IAS in 2015 grew by 2.5 times to 494.7 bln tenges or $1.5 bln ($1 equals to 331.5 tenges).

The company’s revenue from the sale of products grew by 4% to 1,094 bln tenges, gross profit as of the end of 2015 made up 907.7 mln tenges against the loss of 55.3 bln tenges in 2014.

The company’s assets increased by 21% a year to 10,709 bln tenges. The long-term obligations rose by 3.3% to 3,330 bln tenges. Current obligations fell by 34.5% and made up 776.9 bln tenges, including the trade liabilities fell by 25.5% to 174 bln tenges.

The company’s capital rose by 38% to 6,090 bln tenges, registered capital increased by 255 to 696.3 bln tenges.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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