11 May 2016 09:00
Date - May 11, 2016
Chagala Group Limited
('Chagala' or 'the Company' or 'the Group')
Full year results for the year ended 2015
Chagala Group Limited, the London-listed specialist services and facilities provider to the oil and gas industries in Kazakhstan (symbol: CGLO), is today pleased to announce its 2015 annual results.
Financial Highlights Figures in USD million | 2015 | 2014 |
Revenue | 23.5 | 28.2 |
Room and rent revenue | 17.5 | 20.6 |
Food and beverage revenue | 3.5 | 5.2 |
EBITDA | 8.0 | 9.8 |
Operating profit | 3.8 | 4.5 |
Net profit | 1.9 | 1.4 |
Total Assets | 92.9 | 125.6 |
Despite challenging circumstances Chagala Group has continued succeeded in achieving the strategic objectives set by stakeholders, and delivered the required operating and financial results to continue into a healthy future.
Svetlana Mendesh, Chagala's CFO, said
'Despite the many challenges in global economy and major oil and gas projects implementation, the Group has seen improvements in operational and financial performance indicators. Much work needs to be done, however the Management is confident that today we more than ever believe in the promise and success of Chagala Group. On behalf of the Group, I would like to thank our clients, partners and staff, we truly appreciate your support and trust during this tough times and we hope to continue our cooperation in the future."
END
For additional information please contact the Chagala Group at:
Telephone: +7 727 355 04 84
Email: f.parrilla@chagalagroup.kz
CGLO.L (CGLO)