| The net income of the companies, part of Samruk-Kazyna Sovereign Wealth Fund, without regarding second-tier banks is planned at 686.7 billion tenge (150.46 /$1) in 2012, said the fund. In 2011, SK net income totaled 629.991 billion tenge. Therefore, a 9% increase is expected this year. EBITDA in 2012 is estimated at 18.2% (17.8% in 2011), ROACE 9.5% (8.9%, respectively).
Samruk-Kazyna National Welfare Fund is a state holding company that owns and manages national companies in different economic sectors including oil and gas, telecommunication, transport industries as well as the national institutes of development...............................................Full Article: Source
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