BAKU, Azerbaijan, August 25. Revenue of Kazakhstan’s KazMunayGas National Company (KMG) increased by 57.3 percent and amounted to 4. Trillion tenge ($9.3 billion) compared to 2.6 trillion tenge ($6.2 billion) in the first half of 2021, Trend reports citing the company.
Earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 49.2 percent to 1.1 trillion tenge ($2.4 billion) compared to 750 billion tenge ($1.7 billion) in the first half of 2021.
The Company's net profit in the reporting period increased by 5 percent and amounted to 677 billion tenge ($1.5 billion);
Net profit adjusted for the share in profit of JVs and associates amounted to 156 billion tenge ($348 million) compared to 384 billion tenge ($904 million) in the first half of 2021.
Free cash flow amounted to 188 billion tenge ($417 million), compared to 291 billion tenge ($685 million) in the first half of 2021.
Total debt as of June 30, 2022 amounted to 3.9 trillion tenge ($8.3 billion) compared to the indicator as of December 31, 2021 in the amount of 3.7 trillion tenge ($8.6 billion).
The Company's net debt as of June 30, 2022 amounted to 2.2 trillion tenge ($4.8 billion) compared to the indicator as of December 31, 2021 in the amount of 2.2 trillion tenge ($5.1 billion).