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#3 (81) june 2013EP KMG
The net loss of the company Exploration Production KazMunayGas (EP KMG) for January-March 2013 amounted to 0,7 billion KZT, informs Tengrinews.kz, referring to the press service of the company. It is reported that the earning decreased for 2% in comparison with January-March 2012 and amounted to 202 billion KZT. As it was noted in the company, it is associated with lower prices for oil and is partially compensated with higher prices of supplies for the internal market. The average price of Brent oil was 5% lower, than in the analogous period of 2012, having decreased from 119 dollars to 113 dollars per barrel. Also it has become known that the loss for one share amounted to 10 KZT, mainly at the cost of additional expenses for depreciation. In the company it was noted that operating costs were 43 billion KZT, which is 36% higher in comparison with 2012. Taxes (except for profit tax) in January-March 2013 were 76 billion KZT, having increased for 1% in comparison with the same period of 2012. Compared with the last year, employees salary fund increased for 22% during the first quarter of 2013.