"Открытие Капитал": KazMunaiGas EP: 2Q12 IFRS results review – much worse than expected // ПОКУПАТЬ
15 августа 2012 года
Yesterday, 14 August, KMG EP reported disappointing 2Q12 results, with EBITDA 20% below consensus, and down 34% QoQ and 13% YoY, on the back of higher expenses. Management has further lowered the 2012 production target to 158kbpd, and plans to review 2013 as well. We consider the results negative for the share price.
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