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Economy 07/11/2011 Net income of Ahangarancement reaches 87.57 billion soums in 9m of 2011
Net income of Ahangarancement reaches 87.57 billion soums in 9m of 2011
Tashkent, Uzbekistan (UzDaily.com) -- Ahangarancement open joint stock company received net income for 87.57 billion soums in nine months of 2011 against 72.18 billion soums in the same period of 2010, the financial reports of the company said.

Net revenue from goods realization grew from 169.34 billion soums in nine months of 2010 to 220.23 billion soums in the same period of 2011.

Gross income from goods realization made up 146.077 billion soums against 109.255 billion soums in the reporting period. Profit from general economic activity in nine months of 2011 made up 141.557 billion soums compared to 102.8 billion soums in the same period of 2010.

Long-term assets of the company grew from 223.642 billion soums in the beginning of 2011 to 272.82 billion soums in the end of the third quarter of 2011. The assets rose from 365.65 billion soums in the beginning of 2011 to 464.71 billion soums at the end of September 2011.

Current liabilities reached 18.736 billion soums at the end of the third quarter (7.66 billion soums at the beginning of 2011).

According to the company’s data, the charter capital of Ahangarancement makes up 4.928 billion soums. Reserve capital made up 260.14 billion soums.

Ahangarancement OJSC is the second largest cement plant of Uzbekistan. Its market share is 27.9%. The enterprise exports cement to Kazakhstan, Kyrgyz Republic and Turkmenistan. The enterprise produces mineral wool products, construction mixtures, ferroconcrete items.

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