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Economy 02/07/2012 Navoiazot’s net income hits 1.685bn soums in 2011
Navoiazot’s net income hits 1.685bn soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Navoiazot open joint stock company grew by 34.6% from 1.252 billion soums in 2010 to 1.685 billion soums in 2011, the annual report of the company said.

Net revenue made up 428.045 billion soums in 2011, which grew by 10.6% year-on-year, the report said.

Prime cost reached 298.057 billion soums in 2011 (+5.4%). Expenses of the period exceeded 63.2 billion soums in 2011 (+35.9%).

Income from financial activity made up 5.714 billion soums, while expenses from financial activities – 1.717 billion soums.

Navoiazot’s assets rose from 503.782 billion soums in 2010 to 598.155 billion soums in 2011. The growth rate was 18.73%.

Long-term assets rose from 86.344 billion soums in 2010 to 94.124 billion soums in 2011. Current assets reached 504.031 billion soums in 2011 against 417.488 billion soums in 2010.

Own capital grew from 110.463 billion soums in 2010 to 207.15 billion soums in 2011. The charter capital made up 42.145 billion soums in 2011.

Liabilities of Navoiazot rose from 393.32 billion soums in 2010 to 391.004 billion soums in 2011.

Navoiazot open joint stock company is largest chemical plant of Uzbekistan. Navoiazot started its activity in 1964 as the plant on production of mineral fertilizers. The plant is leading producer of mineral fertilizers in Uzbekistan, products of organic synthesis and nitron fiber.

On technical equipment and the volume of production, Navoiazot OJSC is leader of chemical industry of Uzbekistan, which produces over 70 types of goods.

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