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JSC «KazTransOil» announces financial-economic and production-industry activity results of the 12 months of year 2012

 11.03.2013    212
«KazTransOil» JSC consolidated volume of oil and petroleum products transportation and transshipment in 2012 was 65 million 795 thousand tons, that is 2.8% higher than the plan. Consolidated oil turnover in 2012 was 42 billion 163 million tons*km. «KazTransOil» JSC also provides fresh water delivery from Volga River to the customers in Atyrau and Mangystau regions of Kazakhstan via Astrakhan-Mangyshlak water pipeline. The volume of water delivered was 22 million 799 thousand cubic meters, that is 10.3% higher than the plan. «KazTransOil» JSC consolidated revenue was KZT 143 billion 061 million, which is 4.8% higher than the plan and 1.8% higher than the result of 2011. Consolidated net profit was KZT 33 billion 501 million, which is 30% higher than the plan and 29.1% higher than the result of 2011. «KazTransOil» JSC placed in 2012 on the Kazakhstan Stock Exchange 38,463,559 common shares of the Company within the «People's IPO» Program. Subscription was conducted from November 6 to December 5. The shares were distributed and transferred to investors on December 21, 2012. Trades in «KazTransOil» JSC shares started on December 25, 2012. New shareholders of «KazTransOil» JSC were 33,989 citizens of the Republic of Kazakhstan and 10 accumulative pension funds. «During the the road-show meetings, we have stated that the management and the entire staff of «KazTransOil» JSC will make every effort to ensure that the «people's shareholders» in the shortest term can see real and tangible benefits from the purchase of shares of our company. The result of 2012 - KZT 33.5 billion net profit – is proof of that. At the end of May, we will hold the annual general meeting of shareholders which will make decision on profit distribution and the amount of the dividend per share. The Company's net profit provides the possibility to payout the competitive dividends, which is not less than 40% of net income of the Comapny «- said K. Kabyldin, General Director (Chairman of the Management Board) of «KazTransOil» JSC. Consolidated financial statements for the year ended 31 December, 2012, with Independent Auditor’s Report is placed on the corporate website of «KazTransOil» JSC at: «KazTransOil» JSC is the national operator of the Republic of Kazakhstan on the main pipeline. «KazTransOil» JSC is the largest oil transportation company of the Republic of Kazakhstan, which owns a diversified network of oil pipelines and water lines with total length of 7600 km. «KazTransOil» JSC Press service
Categories: Press releases
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