The company said the net revenue reached 74.234 billion soums in the reporting period, while gross income from realization – 15.085 billion soums.

The enterprise fulfilled plans on production on phosphate fertilizers by 115.6% and fertilizers in natural expression by 118.1%. The growth rate on phosphate fertilizers output made up 0.81% and in natural expression by 0.94%. The export task on mineral fertilizers in 2009 was fulfilled by 72.2%.

Ammofos-Maxam open joint stock company is located in Almalyk, Tashkent region. The plant was commissioned in 1969. The enterprise is the largest producer of nitrogenous phosphatic mineral fertilizers in Uzbekistan. It meets 85% of demand of agriculture sector in phosphate fertilizers.

Spain’s Maxam Corp. acquired 49% stake in Ammofos-Maxam OJSC for US$18 million in January 2008. It also undertook investment obligation for US$30 million, which will be directed to modernization of existing capacities.