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Kazakhstan’s largest gas supply company to pay dividends for 2020

Business Materials 1 April 2021 14:12 (UTC +04:00)
Kazakhstan’s largest gas supply company to pay dividends for 2020

BAKU, Azerbaijan, Apr. 1

By Nargiz Sadikhova - Trend:

Kazakhstan’s largest gas supply company, KazTransGas Aimak JSC has made a decision to pay out dividends for 2020, Trend reports citing the company’s statement published by Kazakhstan Stock Exchange (KASE).

Thus, following the approval of the company’s financial statement for 2020, some 10.2 billion tenge of funds ($24.1 million) will be allocated for paying dividends.

Some 4.1 billion tenge ($9.6 million) will be allocated from the company’s net revenue for 2020; whereas 6.1 billion tenge more ($14.4 million) will be allocated from the unallocated revenue for 2019.

KazTransGaz Aimak JSC is the largest natural gas supplying, distribution and operating company present in 11 regions and Nur-Sultan, Almaty and Shymkent cities of Kazakhstan.

The main tasks of the enterprise — an organization of commercial gas supply, transportation of natural gas through the distribution networks, gas transportation assets management in the regions. The main direction of activity — ensuring the accident-free and uninterrupted gas supply of the population, the household and industrial enterprises.

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Follow the author on Twitter: @nargiz_sadikh

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