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Economy
20/05/2011
Fargona Issiqlik Elektr Markazi posts 3.159bn soums of net income in 1Q 2011
Fargona Issiqlik Elektr Markazi posts 3.159bn soums of net income in 1Q 2011
Tashkent, Uzbekistan (UzDaily.com) --
Fargona Issiqlik Elektr Markazi open joint stock company (Ferghana Heating Electricity Center), producer of heating and electricity energy, increased its net income from 497.311 million soums in the first quarter of 2010 to 3.159 billion soums in January-March 2011.
According to quarterly report, net revenue grew from 13.192 billion soums to 19.073 billion soums in the reporting period. The prime cost rose to 13.96 billion soums in January-March 2011 to 11.192 billion soums in the same period of 2010.
Gross income of the company reached 5.11 billion soums against 1.556 billion soums in the reporting period.
Expenses exceeded 96.186 million soums in the first quarter of 2011 against 84.783 million soums in the same period of 2010. Other operational expenses made up 1.255 billion soums (990.897 million soums in 1Q 2010).
The company’s assets grew from 41.144 billion soums in January-March 2010 to 45.34 billion soums in the first quarter of 2011.
The charter capital of Fargona Issiqlik Elektr Markazi reached 7.462 billion soums. Undistributed income grew from 14.093 billion soums to 17.04 billion soums in the reporting period.
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