Kazakhstan Kagazy PLC: 6m 2012 Consolidated Unaudited Financial Statments

Kazakhstan Kagazy PLC  / Half-yearly Results

16.08.2012 14:12

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16 August 2012

KAZAKHSTAN KAGAZY PLC ANNOUNCES FINANCIAL RESULTS FOR 2Q 2012

Almaty, Kazakhstan - Kazakhstan Kagazy PLC (KAG LI) (the 'Group') announces its
non-audited consolidated financial results for the 6 months period ended 30 June
2012 (the 'Period').

Financial highlights

  - Group revenue of US$ 40.0 million (US$ 39.1 million a year ago)

  - Gross profit of US$ 18.3 million (US$ 17.0 million a year ago)

  - Gross margin of 45.8% (43.5% a year ago) 

  - Operating profit of US$ 9.4 million (US$ 5,5 million a year ago)

  - Total comprehensive loss of US$ (4.8) million (US$ (6.7) million a year ago)

  - EVA*  of US$ (7.5) million (US$ (10.2) million a year ago)

  - Operating Cash Flows of US$ 11.5 million (US$ 11.4 million a year ago)

Revenue and gross profit


In millions of  USD                6 months of 2012     6 months of  2011
Paper Business Revenue                         31.1                  32.2
Gross Profits                                  13.8                  13.4
Gross Profit Margin                           44.3%                 41.8%
Logistics' Business Revenue                     8.8                   6.9
Gross Profits                                   4.5                   3.6
Gross Profit Margin                           51.0%                 51.6%




* EVA (Economic Value Added) measures the firm's ability to generate profits in
excess of the cost of the capital employed to generate those profits. EVA = NOPAT
− (Cost of Capital* Capital). NOPAT = Net Operating Profits After Taxes

***

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
727 244 02 08
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.



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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:      IR
LSE Ticker:         KAG
Sequence Number:    1172
Time of Receipt:    Aug 16, 2012 14:12:44
 
End of Announcement                       EquityStory.RS, LLC News-Service
 
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