KEGOC: Top Managers Earn More in a Year
KEGOC top managers' remuneration for the first three quarters of 2024 increased by 56% compared to the same period in 2023, Orda.kz reports.
The Kazakhstan Association of Minority Shareholders (QAMS) drew attention to this fact in its Telegram channel.
The company's financial statements indicate that from January 1 to September 30, 2024, the JSC's management earned a total of 577 million tenge.
The concept of ‘remuneration’ includes: wages and other expenses (taxes, financial assistance for health improvement, sick leave, vacation pay) and bonuses based on the results of activities for the reporting period, notes QAMS.
Comparatively, in 2023, KEGOC management earned 370 million tenge in the first three quarters. The bulk of this amount was salaries and bonuses.
The remuneration of key management personnel mainly consists of salaries and bonuses based on operating results, the joint-stock company said in its financial statements.
The document specifies that KEGOC has earned 232.4 billion tenge since the beginning of 2024 and increased its direct financial assets to 43.4 billion tenge. Expenses on the board amounted to 12 million 155 thousand tenge.
JSC KEGOC is the Kazakhstan system operator that manages the power grids throughout the country and is responsible for the operation of the energy system.
Original Author: Nikita Drobny
Latest news
- From Utilities to Security, Kazakhstan Approves New Smart Cities Methodology
- Tokayev Announced A Criminal And Administrative Amnesty Following The Adoption Of The New Constitution
- Tokayev Signed A Decree On The Implementation Of The New Constitution
- Casinos for Foreigners Only to Open in Kazakhstan
- Analysts Record a Sharp Surge in Immigration From China to Kazakhstan
- Baikonur Prepares To Launch Progress MS-33 Cargo Mission To The ISS
- Kazakhstani Scientists Are Preparing a Cancer-Prevention Supplement From Tomatoes and Watermelons
- Garbage Fines Now Fall Under Akimats: What the Changes Mean and What Risks Citizens Face
- CEC Announces Final Results Of Constitution Referendum
- Applications Begin For Bolashak And Scientific Internships In Kazakhstan
- Road Construction Violations Worth Hundreds of Billions of Tenge Uncovered in Kazakhstan
- Winter Paralympics End In Italy As Cortina Hosts Closing Ceremony
- CEC Announces Preliminary Results Of Vote On New Constitution
- Gasoline Has Risen In Price Again In Kazakhstan
- New Constitution Day And Parliamentary Elections: Tokayev’s Key Statements
- Nazarbayev Confirms Support For Tokayev And The New Constitution
- Xi Jinping And Tokayev Deepen Cooperation As Chinese Observers Monitor Referendum In Kazakhstan
- Kazakhstanis Abroad Complete Voting in Referendum
- Exit Polls Indicate Strong Support For Kazakhstan’s New Constitution
- Referendum In Kazakhstan: CEC Releases Preliminary Turnout Data
