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Economy 18/07/2011 Angren Logistic Center CJSC posts 716.82m soums of net income in 2010
Angren Logistic Center CJSC posts 716.82m soums of net income in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Angren Logistic Center closed joint stock company made up 716.82 million soums in 2010, the audited annual report of the company in line with national accounting standards said.

Net revenue of the company made up 3.762 billion soums in 2010, while prime cost reached 2.265 billion soums.

Gross profit exceeded 1.498 billion soums in 2010, while other income from main activity – 17.305 million soums.

Expenses made up 646.114 million soums. Income from main activity exceeded 9.051 million soums and expenses from financial activity – 12.233 million soums.

Assets of Angren Logistic Center grew from 604.381 million soums in 2009 to 17.208 billion soums in 2010. Long-term assets rose from 57.917 million soums to 12.772 billion soums in the reporting period. Long-term assets increased from 57.917 million soums to 12.772 billion soums in the reporting period. Current assets made up 4.436 billion soums in 2010 against 546.464 million soums in 2009.

Own capital made up 1.317 billion soums in 2010 compared to 600.104 million soums in 2009. The charter capital made up 600 million soums. Reserve capital rose from 104,000 soums to 185.368 million soums in the reporting period.

Main activity of Angren Logistic Center is loading and transportation-forwarding services. International Logistics Center has been commissioned in Angren, Tashkent region of Uzbekistan. The center was created on the base of Ablyk railway station.

The center was created to accept and process freights and their transportation to Andijan, Namangan and Ferghana region with help of motor transport.

The Government of Uzbekistan adopted decision to stop railway transportation of cargo to these three regions from other parts of Uzbekistan via Tajikistan, which should promote to develop the center.

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