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Mangistau Electricity Distribution Network Company AO (Kazakhstan)

Main Activities: Electric Power Transmission, Control, and Distribution
Full name: Mangistau Electricity Distribution Network Company AO Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Russian Download a sample report

Mangistau Electricity Distribution Network Company AO (MRDC) is a leading provider of electricity transmission and distribution services in the Mangistau region. The company transports ninety percent of the electricity consumed by the region's largest oil companies. Ensuring energy security in the region is the company's main strategic focus, aiming to provide reliable energy supply to consumers and create conditions for the development of the electricity industry in the Mangistau region. MRDC is implementing a project to construct a regional dispatch center to obtain the status of a regional power grid company. This will allow MRDC to participate in the balancing market of electric power to maintain power balance in the Unified Power System of Kazakhstan. The company also prioritizes sustainable development, implementing measures to ensure the safety of workers, protect the environment, and create favorable working conditions. MRDC will continue its effective work and strive to achieve the goals outlined in its Long-Term Development Strategy until 2022.

Headquarters
mkr. 29a, zdanie 107
Aktau; Mangistau region; Postal Code: 130000

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Website: http://www.mrek.kz

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 04, 1996
Key Executives
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Chairman
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President
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Vice President
Ownership Details
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52.6%
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46.09%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KZT. Absolute financial data is included in the purchased report.
Net sales revenue
4.75%
Total operating revenue
4.79%
Operating profit (EBIT)
5.09%
EBITDA
1.69%
Net Profit (Loss) for the Period
65.61%
Total assets
1.82%
Total equity
8.24%
Operating Profit Margin (ROS)
0.1%
Net Profit Margin
5.05%
Return on Equity (ROE)
1.69%
Debt to Equity Ratio
-12.15%
Quick Ratio
-0.31%
Cash Ratio
-0.15%

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