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21.06.2024 11:48 #Corporate events

Auditor's report on consolidated financial statements of Maten Petroleum for 2023 released

/KASE, June 21, 2024/ – Maten Petroleum JSC (Atyrau), 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, unless otherwise specified):

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                                              as of         as of 
Indicator                              Dec. 31, 2023 Dec. 31, 2022
-------------------------------------- ------------- -------------
Equity                                   130,260,568    92,259,273
Total assets                             250,717,069   212,883,940
Total liabilities                        120,456,501   120,624,667
Sales                                    162,520,654   191,032,513
Gross margin                             116,848,055   150,047,673
Net income (net loss)                     38,001,295    43,054,372
Book value of an ordinary share, tenge         1,626         1,151
ROA, %                                         15.16         20.22
ROE, %                                         29.17         46.67
ROS, %                                         23.38         22.54
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The company's financial statements for 2023 were audited by Ernst & Young LLP. According to the auditor's report, the consolidated financial statements present fairly, in all material aspects, the consolidated financial position of Maten Petroleum JSC and its subsidiary as of December 31, 2023, and their consolidated financial results and 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

[2024-06-21]