OREANDA-NEWS. August 31, 2011. Kazakhstan Kagazy PLC ("Group"/"Kagazy") announces its unaudited financial results prepared in accordance with IFRS for the period ended 30 June 2011 (the "Period"), reported the press-centre of KASE.

Highlights

- Revenue up 22%

- Gross profit up 80%.

- Gross profit margin increased to 44% from 29%

- EBITDA before exceptional items and revaluation for the Period was USD10.4 million, up by USD 8.7 million from USD 1.7 million.

- Average occupancy of Class "A" warehouses up to 66% from 27%

- Average occupancy of Class "B" warehouses up to 75% from 42%

- Paper segment production remained at the same level as in 2010, but gross profit in the paper segment which accounted for 79% of the Group's gross profit in the Period, rose to 42% from 27%