Kazpochta IFRS net profits up 17% in 2012
ALMATY. May 24 (Interfax) - JSC Kazpochta, Kazakhstan's national postal outfit, made net profits to International Financial Reporting Standards (IFRS) of 945.876 million tenge in 2012, or $6.3 million at the current exchange rate, which was 17.3% more than it did in 2011, the company reported.
Sales revenues were up 12.8% at 24.7 billion tenge, gross profits 7% at 4.6 billion tenge, and pretax profits 5.4% at 1.065 billion tenge.
Company assets grew 15% to 46.1 billion tenge, obligations 19.1% to 36.8 billion tenge, equity 1.1% to 9.3 billion tenge, and charter capital 1.8% to 10.2 billion tenge.
Kazpochta provides a full range of postal and financial services. It is part of the state fund Samruk-Kazyna.
The official exchange rate for May 24: 150.79 tenge/$1.