JSC «KazTransOil» announces interim operation and financial results for the first quarter of 2013.
«KazTransOil» JSC (non-consolidated) volume of oil and petroleum products transportation and transshipment was 13,509 thousand tons, that corresponds to the level of the first quarter of 2012.
Consolidated volume of oil and petroleum products transportation and transshipment was 16,947 thousand tons, which is 2% higher than the similar indicator of the first quarter of 2012.
«KazTransOil» JSC (non-consolidated) oil turnover exceeded 9,173 million tons per kilometer, which is 9% higher than the similar indicator for first quarter of 2012.
Consolidated oil turnover exceeded 11,283 million tons per kilometer, which is 11% higher than the similar indicator for the first quarter of 2012.
«KazTransOil» JSC supplies of the Volga fresh water to consumers in Atyrau and Mangistau regions of Kazakhstan via Astrakhan-Mangyshlak water pipeline for the reporting period made 5,122 thousand cubic meters, that is 5% lower than the similar indicator for the first quarter of 2012.
Non-consolidated income for the 1stquarter of 2013 was KZT 41,536 million, which is 12% higher than the plan and 45% higher than similar the indicator for the first quarter of 2012.
Non-consolidated net profit was KZT 16,775 million, which is 55% higher than the plan and 124% higher than the result for the first quarter of 2012.
Consolidated financial results for the first quarter of 2013 will be announced in due course.
Achieved good results were secured by the hard work of whole team of «KazTransOil» JSC and its subsidiaries. «KazTransOil» JSC intends to maintain high standards of operations and strive to enhance its investment attractiveness.
You can find the interim financial report on KASE website at: http://www.kase.kz/en/news/show/1189149.
«KazTransOil» JSC annual general meeting of shareholders is planned for the second half of May, 2013.The annual general meeting of shareholders will take a decision on the payment of dividends for 2012. Accordance to «KazTransOil» JSC Dividend policy the dividend payout ratio will be at least 40% of 2012 consolidated net profit, which was KZT33.5 billion.
Press Relations Service
«KazTransOil» JSC
