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Tax deductions of the Kazakhstan Engineering holding and repayment of the main loan

One of the most important principles of the Kazakhstan Engineering group of companies is transparent business conduct, the most important component of which is the timely payment of all prescribed taxes to the country’s budget.

Over the past 2023, the group of companies successfully paid 14.8 billion tenge in taxes.

In addition, the Company fully repaid loans received in 2016-2017 from Halyk Bank of Kazakhstan JSC in the amount of 26.2 billion tenge

In recent years, NC Kazakhstan Engineering JSC has demonstrated positive cash flow dynamics.

At the same time, there are a number of systemic problems in the timely placement of orders by customers at domestic enterprises, due to which some enterprises are not sufficiently loaded. Based on these problems, the holding’s management constantly initiates proposals to government agencies to improve the mechanism for purchasing products and services from Kazakhstani manufacturers.