Interfax reported that National Railway Operator Kazakhstan Temir Zholy saw its net profit fall 2.1%YoY to KZT 27.610 billion in January to March 2012.

Gross profit in the period grew by 2.8% to KZT 55.946 billion, revenues increased by 11.5% to KZT 180.168 billion and profit before tax declined by 5.6% to KZT 35.543 billion.

The company's assets expanded 2% to KZT 1.419 trillion, liabilities rose 0.9% to KZT 720.331 billion, equity capital by 2.9% to KZT 978.189 billion and charter capital by 15.9% to KZT 671.442 billion.

National Welfare State Fund Samruk-Kazyna is KTZ's sole shareholder.

Source - Interfax

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