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Economy 12/07/2012 Uzkabel posts 10.674bn soums of net income for 2011
Uzkabel posts 10.674bn soums of net income for 2011
Tashkent, Uzbekistan (UzDaily.com) -- Uzkabel open joint stock company in form of joint venture increased net income from 4.44 billion soums in 2010 to 10.674 billion soums in 2011, the annual report of the company said.

Revenue of the company made up 224.792 billion soums in 2011 against 141.677 billion soums in 2010. Prime cost rose from 118.203 billion soums to 184.575 billion soums in the reporting period.

According to the report, expenses of the venture rose from 15.419 billion soums in 2010 to 23.22 billion soums in 2011.

Uzkabel’s assets exceeded 101.4 billion soums in 2011 compared to 78.04 billion soums in 2010, the report said.

Own capital of the company grew from 37.187 billion soums in 2010 to 50.5 billion soums in 2011. The charter capital made up 644.257 million soums.

Uzkabel open joint stock company in form of joint venture is the largest producer of cable and wire products in Central Asia.

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