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04.05.2024 10:14 #Corporate events

Auditor's report on ASTEL's 2023 consolidated financial statements released

/KASE, May 4, 2024/ – ASTEL JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2023.

According to the audited data as of December 31, 2023 (in th. tenge, if not otherwise specified):

-------------------------------------------------------------
                                             as of      as of
Indicator                                 31.12.23   31.12.22
--------------------------------------- ---------- ----------
Equity                                   8,917,420  8,284,602
Total assets                            11,345,357 10,068,202
Total liabilities                        2,427,937  1,783,600
Sales volume                            12,372,134 12,392,946
Gross margin                             5,309,084  4,701,411
Net income (net loss)                    1,561,630  1,452,302
Book value of one ordinary share, tenge  38,010.86  35,335.12
ROA, %                                       13.76      14.42
ROE, %                                       17.51      17.53
ROS, %                                       12.62      11.72
-------------------------------------------------------------

The company's financial statements for 2023 were audited by Grant Thornton LLP. According to the auditor's opinion, the consolidated financial statements present fairly in all material aspects the consolidated financial position of ASTEL JSC and its subsidiaries as of December 31, 2023, as well as their consolidated financial results and consolidated cash flows for the year ended as of the specified date in accordance with IFRS.

The report is available on KASE website at – see more

[2024-05-04]