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Kazakhstan's KazTransOil talks 1H2022 revenues

Oil&Gas Materials 22 August 2022 16:41 (UTC +04:00)
Kazakhstan's KazTransOil talks 1H2022 revenues
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, August 22. Consolidated revenue of Kazakhstan’s KazTransOil JSC amounted 116.4 bllion tenge ($244.6 million) over the 1H2022, which is 0.3 percent lower during the 1H2021, Trend reports citing the company.

Furthermore, company’s consolidated net profit was 15.8 billion tenge ($33.2 million) over the reporting period, which is 53 percent less than during the same period of 2021.

In turn, KazTransOil’s non-consolidated revenue equaled 95.8 billion tenge ($201.3 million), which is 9.8 percent less than during the 1H2021.

The non-consolidated net profit of the company stood at 9.4 billion tenge ($19.8 million), which is 64.9 percent lower than during the reporting period of 2021.

KazTransOil JSC is an oil pipeline company of the Republic of Kazakhstan that provides services for the transportation of oil to the domestic market, for transit and for export.

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