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Annual Financial Report

16th Jul 2018 08:00

RNS Number : 7067U
Chagala Group Limited
16 July 2018
 

 

 

 

 

 

Date - July 16, 2018

 

 

 

Chagala Group Limited

('Chagala' or 'the Company' or 'the Group')

Full year results for the year ended 2017

 

Chagala Group Limited, the London-listed investor in specialist services and facilities providers to the oil and gas industries in Kazakhstan (symbol: CGLO), is pleased to announce today its annual results for 2017.

 

Financial Highlights Figures in USD million

2017

2016

Revenue

19.1

20.3

Room and rent revenue

14.5

15.6

Food and beverage revenue

Other revenue

2.3

2.3

2.6

2.1

EBITDA

6.4

7.7

Operating profit

3.6

4.4

Net profit

0.9

0.8

Total Assets

87.7

92.1

 

 

Svetlana Mendesh, Group's Chief Financial Officer, said

 

"At a time when global uncertainty, economic slowdown in the region and unstable financial markets continue to challenge the industry we operate in, Chagala Group achieved strategic objectives set by stakeholders, and delivered the required operating and financial results to continue into a healthy future. This solid performance and the stability of our growth continue to make Chagala Group a partner of choice for shareholders and clients.

I wish to thank all our employees for their hard work and help in building a great company fit for the demands of the constantly changing market. And I would like to thank our customers, shareholders and partners for their continued trust and support."

Click on, or paste the following link into your web browser, to view the associated PDF document:

http://www.rns-pdf.londonstockexchange.com/rns/7067U_1-2018-7-16.pdf

END

 

For additional information please contact the Chagala Group at:

Telephone: +7 727 355 04 84

Email: [email protected]

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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