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Economy 11/05/2012 Net income of Uzinterimpeks reaches 3.353bn soums in 2011
Net income of Uzinterimpeks reaches 3.353bn soums in 2011
Tashkent, Uzbekistan (UzDaily.com) -- State joint stock foreign trade company Uzinterimpeks (in form of open joint stock company) posted net income for 3.353 billion soums in 2011 compared to 3.03 billion soums in 2010. The growth rate made up 10.66%.

The company’s net revenue made up 13.432 billion soums in 2011 (9.505 billion soums in 2010) and prime cost – 3.581 billion soums (394.028 million soums).

Gross income of Uzinterimpeks reached 9.85 billion soums in last year (9.11 billion soums). The company said administrative expenses exceeded 1.446 billion soums (1.177 billion soums) and other operation expenses – 7.417 billion soums (7.18 billion soums) in the reporting period.

Other income of the company made up 1.222 billion soums (2.1 billion soums). Income from financial activities reached 2.721 billion soums (1.65 billion soums), while expenses from financial activities – 785.327 million soums (498.77 million soums).

Assets of Uzinterimpeks reached 371.519 billion soums in 2011 (659.64 billion soums). Capital investments reached 14.003 million soums in 2011 and short-term investments – 11.406 billion soums.

According to the report, the charter capital of the company grew from 1.28 billion soums in 2010 to 3.826 billion soums in 2011. Undistributed income exceeded 11.326 billion soums. Long-term liabilities made up 1.602 billion soums.

State joint stock foreign trade company Uzinterimpeks was established in 1991 and belongs to the (operates in the system of) Ministry foreign economic relations, investment and trade of the Republic Uzbekistan.

The main activity of Uzinterimpeks is realization of export-import operation, granting intermediary and consulting services, attraction foreign investment by creating joint-ventures, both on the territory of Uzbekistan, and overseas.

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