The company said net income exceeded by 57.5% of planed result in the business plan. The coefficient of net profitability was 26.6%.

The volume of sales of cigarettes in internal market in 2010 was 4% less that the company’s plan due to decrease of sales in lower price segment (Viceroy, Astra and Karvon).

Sales of Kent cigarettes exceeded by 1% compared to planned volume due to effective promotion campaign, which was held in June-August 2010 to promote Kend HD, Kent Nanotek and launch of Kent Micro HD in November 2010.

The volume of sales of Pall Mall reached 7 billion units, which kept its position of No. 1 cigarettes in the market of Uzbekistan.

Growing competition and availability of illegal products in low price segment negatively impacted to sales of Viceroy cigarettes, which was 32% less than in planned volume.

Samarkand Cigarette Plant produced 13.949 billion units of cigarettes in 2010, which is 9.4% more compared to 2009.

As of the end December 2010, the actual volume of bought tobacco lists made up 8,600 tonnes. The company exported 1.954 billion units of cigarettes (+31 compared to business plan) and 3,027.3 tonnes of tobacco list (-32%).

The company said revenue made up 392.689 billion soums in 2010 against 314.992 billion soums in 2010, while price cost grew from 145.2 billion soums in 2009 to 168.899 billion soums in 2010.

Expenses rose from 80.26 billion soums in 2009 to 92.99 billion soums in 2010. Income from financial activity grew from 7.634 billion soums to 8.282 billion soums in the reporting period. Expenses from financial activity exceeded 14.739 billion soums.

UZBAT A.O. assets made up 568.376 billion soums in 2010 against 427.563 billion sousm in 2009. The capital investments rose from 1.963 billion soums to 5.454 billion soums in the reporting period.

The charter capital was formed at the volume of 5.669 billion soums. Net assets reached 310.992 billion soums as of 31 December 2010. The reserve fund comprised 1.417 billion soums.

The ratio of net assets to charter capital made up 55. The ratio of net assets to charter capital and reserve capital was 3.4. Undistributed income of previous years reached 81.937 billion soums.

Total volume of resources directed to payment of dividends to shareholders, made up 21.369 billion soums in 2009 and it is expected it will make up 52.277 billion soums.