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Economy 22/05/2012 NBU Investment gets 1.073 bn soums of net income in 2011
NBU Investment gets 1.073 bn soums of net income in 2011
Tashkent, Uzbekistan (UzDaily.com) -- NBU Investment open joint stock company received about 1.073 billion soums of net income in 2011, according to preliminary financial report of the company, published in local media.

As reported earlier, net income of NBY Investment made up 1.69 billion soums in 2010.

According to the report, net revenue of the company made up 199.469 million soums in 2011 and expenses – 844.286 million soums.

Loss from main activity exceeded 644.81 million soums and expenses from financial activity – 2.97 million soums.

Income from financial activity made up 1.74 billion soums in 2011 and income from general economic activity – 1.092 billion soums.

The company’s assets made up 67.2 billion soums in 2011. Long-term investments reached 23.737 billion soums and short-term investment – 21.509 billion soums. Fixed assets made up 167.514 billion soums.

The charter capital made up 66 billion soums, the report said. Undistributed income reached 1.075 billion soums.

According to the company, the approved financial report for 2011 will be published after the general shareholders’ meeting.

National Bank for Foreign Economic Relations of Uzbekistan established investment and management company NBU Invetsment OJSC in 2009.

Primary task of NBU Investment is to financial recovery and rehabilitation of bankrupt enterprises, their modernization and production of competitive products in internal and external markets.

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