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Economy 04/07/2011 Uzbekhimmash’s net income hits 4.69 billion soums in 2010
Uzbekhimmash’s net income hits 4.69 billion soums in 2010
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekhimmash open joint stock company received net income at the size of 4.69 billion soums in 2010 compared to 3.42 billion soums in 2009, the annual report of the company said.

Net revenue of the company decreased from 35.833 billion soums in 2009 to 35.447 billion soums in 2010. Prime cost decreased from 27.235 billion soums to 26.068 billion soums in the reporting period.

Gross profit of the company increased from 8.597 billion soums in 2009 to 9.379 billion soums in 2010. Expenses of the period rose from 4.834 billion soums to 5.533 billion soums in the reporting period.

Profit from the main activity grew from 4.036 billion soums in 2009 to 5.5 billion soums in 2010. Income from financial activity grew from 199.898 million soums in 2009 to 256.805 million soums in 2010.

Profit from general economic activity grew to 5.6 billion soums in 2010 from 4.176 billion soums in 2009.

The company said that the volume of export reached US$1.641 million. Within the localization programme, the company produced oil field equipment, spare parts of oil field equipment, drilling equipment for 38.74 billion soums. The enterprise produced import replacing goods for 27.58 billion soums.

Uzbekhimmash started to produce chemical equipment in Uzbekistan. Firstly, the Plant has produced only defence equipment, but in 1942 began to product equipment for peaceful purposes.

Due to past-war time the Plant has became as a leading chemical machine building enterprise. The main types of equipment due to past-war time were chemical equipment and turbo compressors.

Today Uzbekhimmash Plant is the leading enterprise, produced Pressure Vessels and Apparatus for chemical, oil and chemical, gas refinery branches of industry in Central Asia.

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