The consolidated revenue of the KTO group of companies for 3 months of 2015 amounted to 53 billion 568 million tenge, or 18% higher than in Q1 2014. The revenue growth comes from the increase in export tariffs from April 1, 2014 and the reorientation of some oil volumes from the domestic market to exports in Q1 this year.
The net consolidated profit of KTO for Q1 2015 amounted to 20 billion 561 million tenge, or more than 4 times higher than for 3 months in 2014.
The unaudited interim condensed consolidated financial statements for 3 months ended March 31, 2015 will be posted on the KTO corporate website at:
http://www.kaztransoil.kz/en/to_shareholders_and_investors/information_disclosure/financial_information_annual_and_interim_financial_reports/
Reference:
«KazTransOil» JSC is the subsidiary of «KazMunayGas» NC JSC and the national operator of the Republic of Kazakhstan on the main oil pipeline. The company manages a network of main oil pipelines stretching over 5,7 thousand km and water pipelines over 1,9 thousand km long. The production facilities of «KazTransOil» JSC are located in Karaganda, Pavlodar, South Kazakhstan, North Kazakhstan, Atyrau, Mangistau, West Kazakhstan, Kyzylorda, Almaty, Aktobe and East Kazakhstan regions.
Press Service
«KazTransOil» JSC
