Uzelektroapparat-Elektroshield posts 8.9bn soums of net income in 2012
08/05/2013 18:22
Uzelektroapparat-Elektroshield posts 8.9bn soums of net income in 2012
08/05/2013 18:22
Tashkent, Uzbekistan (UzDaily.com) -- Uzelektroapparat-Elektroshield, an Uzbek-Russian joint venture in form of open joint stock company, received net income for about 8.913 billion soums in 2012 against 7.5 billion soums in 2011.
According to the audited balance sheet of the company, net revenue of the company grew from 103.69 billion soums to 135.293 billion soums in the reporting period. The prime cost rose from 75.127 billion soums to 98.5 billion soums.
Gross income of the company made up 36.796 billion soums in 2012 against 28.565 billion soums in 2011, the report said.
At the same time, the expenses of the venture rose from 18.07 billion soums in 2011 to 22.954 billion soums in 2012.
Assets of Uzelektroapparat-Elektroshield grew from 78.92 billion soums in 2011 to 100.734 billion soums in 2012. Long-term assets rose from 12.913 billion soums to 17.299 billion soums in the reporting period. Current assets rose from 66.924 billion soums in 2011 to 83.395 billion soums in 2012.
Own capital hit 38.186 billion soums in 2012 compared to 28.776 billion soums in 2011. The charter capital exceeded 868.771 million soums. Undistributed income rose from 24.23 billion soums to 32.29 billion soums in the reporting period.
Liabilities grew from 50.148 billion soums in 2011 to 62.548 bllion soums in 2012, the report of the company said.
History of Uzelektroapparat-Elektroshield starts from 1941, when Elektrostanok has been evacuated from Kharkov to Tashkent. In 1946, Elektrostanok and Tokov Vysokoy Chastoti has been merged to Tashkent Electrotechnical Plant.
Tashkent Electrotechnical Plant has been reorganized into Tashelektroapparat JV and Uzelektroapparat JV OJSC in 2000. These two enterprises entered to the Elektroshit TM Samara Group under the name of Uzelektroapparat-Elektroshield.
The enterprise produces electrotechnical equipment and offers its services on designing electrotechnical part of projects, etc.
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