Stay up to date with the latest news
Subscribe to our telegram channel
Economy
26/05/2011
Quvasoycement directs 64.589bn soums of net income to pay dividends
Quvasoycement directs 64.589bn soums of net income to pay dividends
Tashkent, Uzbekistan (UzDaily.com) --
Annual shareholders meeting of Quvasoycement open joint stock company with foreign investments directed all its net income for 2010 to payment of dividends.
According to the company, Quvasoycement received net income for 64.589 billion soums in 2010.
Shareholders adopted decision to pay 127,985 soums per ordinary share and 38,396 soums per preferential shares with par value of 1,200 soums.
Quvasoycement open joint stock company (Quvasoy, Ferghana region) was commissioned in 1932. Its capacity is 920,000 tonnes of cement a year. In June 2010, CFMC Engineering of China carried out modernization of the plant with the cost of US$33.2 million.
The charter capital of Quvasoycement made up 606.296 million soums, which consists of 504,413 ordinary shares and 834 preferential shares. The nominal value is 1,200 soums.
LATEST NEWS