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Economy 13/06/2012 Net income of Quvasoyshifer in 2011 slips to 11.675bn soums
Net income of Quvasoyshifer in 2011 slips to 11.675bn soums
Tashkent, Uzbekistan (UzDaily.com) -- Net income of Quvasoyshifer open joint stock company fell from 17.632 million soums in 2010 to 11.675 billion soums in 2011, the audited annual report of the company said.

The company said that net sales fell from 84.34 billion soums in 2010 to 67.43 billion soums in 2011. Prime cost decreased from 56.788 billion soums to 47.597 billion soums in the reporting period.

It added that expenses of the period fell from 7.53 billion soums to 7.226 billion soums in the reporting period.

Assets of Quvasoyshifer decreased from 80.84 billion soums in 2010 to 29.872 billion soums in 2011.

The charter capital made up 605.82 million soums. Undistributed income reached 21.729 billion soums in 2011.

Quvasoyshifer open joint stock company is one of the largest producers of roofing slates in Uzbekistan.

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