Kazakh energy company incurs losses
Baku, Azerbaijan, Nov. 26
By Elena Kosolapova - Trend:
The Central-Asian Power Energy Company JSC in January-September 2015 received net loss of 9.861 billion tenge (307.08 tenge = $1), according to the consolidated financial reports of the company posted on the website of the Kazakhstan Stock Exchange (KASE).
The company's profit in the same period last year amounted to 6.077 billion tenge, according to the reports.
Revenues of the company for the first nine months of 2015 amounted to 76.407 billion tenge. In January-September 2014, revenues of the company reached 76.101 billion tenge.
The company's assets at the end of the reporting period rose to 302.632 billion tenge (compared to 286.095 billion tenge at the end of 2014).
The company's capital for the first nine months decreased from 137.356 billion tenge to 126.561 billion tenge.
The obligations of the company amounted to 176.07 billion tenge (compared to 148.739 billion tenge at the end of 2014).
The Central-Asian Power Energy Company JSC consolidates the enterprises of the different economy sectors including power-generating and financial.
The company enterprises in the regions of Kazakhstan are vertically-integrated power-generating holdings including all of the sections of power supply - generation, transportation and sales.
The company owns the controlling stock of "Eximbank Kazakhstan", JSC, Caustic JSC, Astana Invest Investment House JSC, Pavlodar Vodokanal Severnyi LLP, CAPEC Green Energy LLP.
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