Kazakhstan Kagazy announced financial results of Kazakhstan Kagazy PLC for the first quarter of 2012

June 12. KASE

Kazakhstan Kagazy announced financial results of Kazakhstan Kagazy PLC for the first quarter of 2012Almaty, Kazakhstan – Kazakhstan Kagazy PLC (KAG LI) (the “Group”) announces its non-audited consolidated financial results for the 3 months period ended 31 March 2012 (the “Period”).

Financial highlights

– Group revenue of US$ 18.2 million (US$ 19.2 million a year ago)

– Gross profit of US$ 8.1 million (US$ 8.5 million a year ago)

– Gross margin increased to 44.7% from 44.1% a year ago

– EBIT of US$ 3.9 million (US$ 6,7 million a year ago)

– Total comprehensive loss of US$ 1,3 million compared to income of US$ 0.9 million a year ago

– Cash increased by US$ 1.2 million to US$ 7.6 million

– Class A warehouse average occupancy rate increased to 75% (64% a year ago)

– Class B warehouse average occupancy rate was up to 97% (74% a year ago)

– Container terminal turnover increased to 81% (67% a year ago).

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