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Jsc Kazmun S Share News (KMG)
Share News for Jsc Kazmun S (KMG)
| Share Price: 17.75 | Bid: 17.72 | Ask: 17.77 | Change: 0.00 (0.00%) |  | ||||||
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JSC KazMunaiGas H1 profit more than doubles
Tue, 16th Sep 2008 09:05
LONDON (Thomson Financial) - JSC KazMunaiGas Exploration Production said its first-half profit
For the six months to June 30 2008, KazMunaiGas' pretax profit rose to 262.19 billion tenge ($1.224 billion) from 117.64 billion a year earlier, while revenue rose to 337.03 billion tenge from 209.94 billion.
Crude oil production rose to 5.9 million tonnes.
'The results for the first half of 2008 are in line with our plans and demonstrate the progressive development of the company,' said CEO Askar Balzhanov. 'We intend to maintain the company's financial and operational growth with the continued focus on expansion of our resource base.'
TFN.newsdesk@thomson.com
jro/ms1
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
LONDON (Thomson Financial) - JSC KazMunaiGas Exploration Production said its first-half profit
more than doubled as production rose 19.4 percent, benefiting from the acquisition of 50 percent stakes in Kazgermunai and CCEL.
For the six months to June 30 2008, KazMunaiGas' pretax profit rose to 262.19 billion tenge ($1.224 billion) from 117.64 billion a year earlier, while revenue rose to 337.03 billion tenge from 209.94 billion.
Crude oil production rose to 5.9 million tonnes.
'The results for the first half of 2008 are in line with our plans and demonstrate the progressive development of the company,' said CEO Askar Balzhanov. 'We intend to maintain the company's financial and operational growth with the continued focus on expansion of our resource base.'
TFN.newsdesk@thomson.com
jro/ms1
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
UPDATE 1-Kazakh oil firm Kazmunaigas EP gets new CEO
ALMATY, Jan 23 (Reuters) - London-listed Kazakh oil company KazMunaiGas Exploration Production (KMG EP) has appointed Abat Nurseitov as chief ex[23 Jan '13]
Kazakh oil firm Kazmunaigas EP gets new chief executive
ALMATY, Jan 23 (Reuters) - London-listed Kazakh oil company KazMunaiGas Exploration Production has appointed Abat Nurseitov as its new general d[23 Jan '13]
Kazakh oil firm Kazmunaigas EP gets new head
ALMATY, Jan 23 (Reuters) - London-listed Kazakh oil company KazMunaiGas Exploration Production has appointed Abat Nurseitov as chief executive a[23 Jan '13]
Kazmunaigas EP 2012 crude oil output 1 pct down
ALMATY, Jan 22 (Reuters) - London-listed Kazakh oil company KazMunaiGas Exploration Production (KMG EP) lowered its crude output by 1 percent to[22 Jan '13]
TEXT-S&P affirms Kazakhstan ratings at 'BBB+/A-2';outlook stable
(The following statement was released by the rating agency) Nov 30 - Overview -- In our view, Kazakhstan's commodity ex[30 Nov '12]
KazMunaiGas EP says 9-month net profit up 5 pct yr/yr
ALMATY, Nov 21 (Reuters) - Kazakh oil producer KazMunaiGas Exploration Production said on Wednesday net profit rose 5 percent year-on-year in th[21 Nov '12]
TEXT-S&P summary: JSC KazMunaiGas Exploration Production
(The following statement was released by the rating agency) Nov 13 - ==========================================================[13 Nov '12]
TEXT-S&P summary: JSC KazMunaiGas Exploration Production
(The following statement was released by the rating agency) Nov 13 - ==========================================================[13 Nov '12]
