Net profit of “KazTransOil” decreased by 39% for the 1st quarter

Almaty. May 24th. KazTAG - Valentina Vladimirskaya. The net profit of KazTransOil JSC  for the 1st quarter of 2022 decreased by 39% compared to the 1st quarter of 2021, reported the Kazakhstan Stock Exchange (KASE).

“The net profit of KazTransOil JSC for the 1st quarter of 2022 amounted to KZT10.2 billion, which is 39% lower than in the 1st quarter of 2021,” - published KASE.

Profit before tax for the reporting period decreased by 40% and amounted to KZT12.6 billion, operating profit decreased by 2.3 times, to KZT7.9 billion, gross profit - by 1.9 times, to KZT10.7 billion, revenue decreased by 4%,  to KZT56 bn.

The assets of KazTransOil JSC for the first quarter of 2022 decreased by 2%, to KZT964 billion. The company's liabilities for the reporting period decreased by 8%, to KZT227 billion, the company's capital decreased slightly, to KZT736 billion, the authorized capital did not change and amounted to KZT62 billion .

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