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ASSETS OF NATIONAL OIL COMPANY KAZAKHOIL MADE ABOUT USD 2 BILLION FOR END OF 2000
11:36 14.09.2001
text: Caspian news agency views: [106] Related articlesASSETS OF THE NATIONAL OIL COMPANY " KAZAKHOIL" ARE ESTIMATED IN $1 BILLION 974,3 MILLION Sibneft declares semi-annual financial results and expects increase of its profit KAZAKH-TURKISH JV TO EXTRACT 250,000 TONS OF OIL BY END 2001 Assets of Kazakhoil National Oil Company totaled as for the end of 2000 USD 1.974,336,000. Comparing with 1999 the growth of assets made USD 322,720,000, CNA was informed from the press release of the company. Net profit of Kazakhoil for 2000 stood at USD 179,543,000 comparing with USD 56,390,000 losses of 1999. The sum of net profits is a consolidated sum and reflects the results of activity of all enterprises, which enter the company. The own capital increased comparing with 1999 by USD 178,175,000 making USD 967,316,000. Profit from selling production reached USD 839,300,000 that is 45.6% more than the showings of the least year. |
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