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Economy 01/03/2010 Net income of Ahangarancement rises by 16.39% in 4Q 2009
Net income of Ahangarancement rises by 16.39% in 4Q 2009
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Ahangarancement open joint stock company increased by 16.39% in the fourth quarter of 2009, the financial reports of the company said.

The report, which was published in local media, said net income of the company rose from 59 198 336 soums in the fourth quarter of 2008 to 68 904 441 soums in the same period of 2009.

Net revenue from sales decreased from 207 219 697 soums in the fourth quarter of 2008 to 181 611 184 in the same period of 2009.

The charter capital in the reporting period grew from 246 375 000 soums to 4 928 906 000 billion soums, the report said.

Ahangarancement is the second largest cement producer in Uzbekistan in terms of capacity. Its market share in internal market made up 27.9%. The enterprise exports products to Kazakhstan, Kyrgyzstan and Turkmenistan.

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