Kazakhstan Kagazy PLC: announces Consolidated Unaudited Financial Results for 1Q 2012

Kazakhstan Kagazy PLC  / 1st Quarter Results

11.06.2012 08:13

Dissemination of a UK Regulatory Announcement, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------


June 11, 2012

KAZAKHSTAN KAGAZY PLC ANNOUNCES FINANCIAL RESULTS FOR 1Q 2012

Almaty, Kazakhstan - Kazakhstan Kagazy PLC (KAG LI) (the 'Group') announces
its non-audited consolidated financial results for the 3 months period
ended 31 March 2012 (the 'Period').

Financial highlights

  - Group revenue of US$ 18.2 million (US$ 19.2 million a year ago)

  - Gross profit of US$ 8.1 million (US$ 19.2 million a year ago)

  - Gross margin increased to 44.7% from 44.1% a year ago 

  - EBIT of US$ 3.9 million (US$ 6,7 million a year ago)

  - Total comprehensive loss of US$ 1,3 million compared to income of US$
    0.9 million a year ago

  - Cash increased by US$ 1.2 million to US$ 7.6 million

  - Class A warehouse average occupancy rate increased to 75% (64% a year
    ago)

  - Class B warehouse average occupancy rate was up to 97% (74% a year ago)


  - Container terminal turnover increased to 81% (67% a year ago). 

Revenue and gross profit


In millions of  USD                3 months of 2012     3 months of  2011
Paper Business Revenue                         14.0                  16.0
Gross Profits                                   6.1                   7.0
Gross Profit Margin                           43.7%                 43.5%
Logistics' Business Revenue                     4.2                   3.2
Gross Profits                                   2.0                   1.5
Gross Profit Margin                           47.8%                 48.4%




***

Financial report is available at
http://kazakhstankagazy.com/en/investor-relations/reporting-and-events/rep
orts.html and at www.morningstar.com - official mechanism for the storage
of regulated information in UK

For information:

Mr. Sadyr Shaguzhayev                                                   +7
727 341 02 00
Head of Investor Relations    ir@kagazy.kz

                                                                    
Ms. Yekaterina Karmysheva          +7 727 320 12 00 (5701)
Press Service      press@kagazy.kz

The content of this document includes forward-looking statements. These
relate to Kazakhstan Kagazy's future prospects, developments and
strategies, including statements regarding target returns. Forward-looking
statements are identified by their use of terms and phrases such as
'believe', 'could', 'would', 'envisage', 'estimate', 'intend' 'seek',
'may', 'plan', 'will' or the negative of those, variations or comparable
expressions, including references to assumptions. These statements are
based on Kazakhstan Kagazy's current beliefs, assumptions and expectations
of its future performance, and are subject to risks and uncertainties
because they relate to events and depend on circumstances that may or may
not occur in the future. Accordingly, these beliefs, assumptions and
expectations can change as a result of many possible events or factors that
may cause Kazakhstan Kagazy's business, financial condition, liquidity,
results of operations and actual returns to vary materially and target
returns to be revised from those expressed or implied in the
forward-looking statements. None of the data in this statement has been
audited and where any reference is made in this statement to the past
performance of investments by persons associated with Kazakhstan Kagazy or
other investments, you should bear in mind that such information is not
necessarily indicative of the future performance of the relevant
investments or of Kazakhstan Kagazy's future performance.



11.06.2012 EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------
 
Language:           English
Company:            Kazakhstan Kagazy PLC
                    33-37 Athol Street
                    IM1 1LB Douglas
                    Isle of Man
Phone:              +7-727-244-87-87
Fax:                +7-727-244-87-82
E-mail:             ir@kagazy.kz
Internet:           www.kazakhstankagazy.com
ISIN:               US48667M2035
Listed:             London
Category Code:      QRF
LSE Ticker:         KAG
Sequence Number:    1109
Time of Receipt:    Jun 11, 2012 08:13:28
 
End of Announcement                       EquityStory.RS, LLC News-Service
 
---------------------------------------------------------------------------