Maten Petroleum : Auditor's report on consolidated financial statements of Maten Petroleum for 2023 released

Auditor's report on consolidated financial statements of Maten Petroleum for 2023 released

21.06.24 11:48

/KASE, June 21, 2024/ - Maten Petroleum JSC (Atyrau), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's consolidated financial statements for 2023. According to the audited data as of December 31, 2023 (in th. tenge, unless otherwise specified): ------------------------------------------------------------------ as of as of Indicator Dec. 31, 2023 Dec. 31, 2022 -------------------------------------- ------------- ------------- Equity 130,260,568 92,259,273 Total assets 250,717,069 212,883,940 Total liabilities 120,456,501 120,624,667 Sales 162,520,654 191,032,513 Gross margin 116,848,055 150,047,673 Net income (net loss) 38,001,295 43,054,372 Book value of an ordinary share, tenge 1,626 1,151 ROA, % 15.16 20.22 ROE, % 29.17 46.67 ROS, % 23.38 22.54 ------------------------------------------------------------------ The company's financial statements for 2023 were audited by Ernst & Young LLP. According to the auditor's report, the consolidated financial statements present fairly, in all material aspects, the consolidated financial position of Maten Petroleum JSC and its subsidiary as of December 31, 2023, and their consolidated financial results and cash flows for the year ended as of the specified date in accordance with IFRS. The report is available on KASE website at - https://kase.kz/files/emitters/MATN/matnf6_2023_cons_rus.pdf [2024-06-21]