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Economy 25/07/2012 Markazsanoateksport distributes net income for 2011
Markazsanoateksport distributes net income for 2011
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock foreign trade company Markazsanoateksport distributed net income of the company at the size of 2.209 billion soums for 2011.

Shareholders directed 552.448 million soums or 25% of net income to payment of dividends. They also issued 694.844 million soums (31.44%) to form reserve fund.

Markazsanoateksport allocated 962.5 million soums or 43.56% of net income to increase charter capital company of the company.

Shareholders approved increase the charter capital by 962.5 million soums to 8.998 billion soums through raising of par capital from 146,100 soums to 163,600 soums. The company will issue 55,000 shares with par value of 163,600 soums.

State joint stock foreign trade company Markazsanoateksport was founded in 1992. The company is a commercial organization, established under the Ministry of Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan for the implementation of foreign economic activities in following fields export of goods and commodities of the leading domestic manufacturers, facilitate the import of technological and agricultural equipment for domestic enterprises needs, promotion of innovative ideas of Uzbek scientific potential in foreign markets and attract foreign investments to the most promising projects of the Republic of Uzbekistan.

The main direction of activity of Markazsanoateksport is the export of products of leading Uzbek manufacturers, occupying leading positions in their respective segments, with ISO-certified manufacturing facilities throughout the Republic of Uzbekistan.

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