Net profit of KMG EP increased by 2.6 times in 9 months
Almaty. November 6. KazTAG - The net profit of "KazMunayGas Exploration and Production" made up 242 bln tenge in January-September 2014, 2.6 times up year on year, reads the intermediate consolidated financial report of the company.
"In the first nine months the net profit made up 242 bln tenge ($1 357 mln), 160% up in comparison to the same period 2013 mainly due to the profit of currency in the result of tenge devaluation in February 2014," reads the message.
The revenue made up 690.3 bln tenge ($3 870 mln) in 9 months 2014, 14% up year on year.