The uzB++ rating characterizes high profitability, reliability and high potential for timely and full execution of its financial liabilities before creditors and investors.

The rating reflects recognizability of brand and strong position in medical equipment market, effective profitability of capital and income operation of the company, placement of income-bearing assets at high level, etc.

The rating includes favourable perspectives of the growth of the activity and firm strategy, directed at further developing and diversifying business.

UzMED-leasing OJSC was founded in line with the resolution of the Cabinet of Ministers of Uzbekistan from 13 November 2007.

The main activity of the company is purchase and lease medical equipment to healthcare establishments, sales of medical tools and equipment, spare parts, and others.

In 2011, the company received net income for 468.51 million soums compared to 257.08 million soums forecasted in business plan.

UzMED-leasing had high profitability levels in 2009-2011. In 2011, the profitability of assets and own capital made up 14.51% and 22.58% respectively (8.54% and 11.98% in 2010).

Ahbor-Reyting believes that the shareholders are ready to support the company if there is such necessity. The agency said that strengthening position of the company in the market, diversifying of leasing portfolio and improving profitability and management efficiency are positive factors.