Audited balance sheet of the company said that net sales rose from 152.76 billion soums in 2010 to 201.505 billion soums in 2011.

Prime cost of the realized goods grew from 49.945 billion soums in 2010 to 58.187 billion soums in 2011. The expenses reached 28.584 billion soums in 2011 against 24.07 billion soums in 2010.

The company’s assets exceeded 232.269 billion soums in 2011 compared to 229.94 billion soums in 2010. Fixed assets grew from 89.29 billion soums to 98.517 billion soums and long-term investments decreased from 60.59 billion soums to 47.741 billion soums in the reporting period.

The charter capital of Quvasoycement made up 606.296 million soums, which consists of 504,413 ordinary shares and 834 preferential stocks. The nominal value is 1,200 soums. Undistributed income reached 199.736 billion soums.

Quvasoycement open joint stock company (Quvasoy, Ferghana region) was commissioned in 1932. Its capacity is 920,000 tonnes of cement a year. In June 2010, CFMC Engineering of China carried out modernization of the plant with the cost of US$33.2 million.