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Economy 27/06/2011 TashKSM directs 173.98m soums to the company’s development
TashKSM directs 173.98m soums to the company’s development
Tashkent, Uzbekistan (UzDaily.com) -- Toshkent Qurilish Mollari Kombinati open joint stock company (Tashkent Construction Material Combine, TashKSM) will direct major part of its 2010 net income to development of the enterprise.

As reported earlier, TashKSM posted 194.288 million soums of net income in 2010 compared to 131.515 million soums in 2009.

Shareholders of the company directed 9.714 million soums to reserve fund, 3.885 million soums to remuneration of Supervisory Council and 5.828 million soums to the Board’s members.

The company will direct 879,200 soums to payment of dividends on preferential shares, which makes up 20% of par value or 160 soums per each security.

Other part of net income for 173.98 million soums is directed at development society, the company said.

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