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Economy 19/06/2012 Uzbekhimmash’s net income makes up 1.023bn soums in 2011
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Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock company Uzbekhimmash Plant received net income for 1.023 billion soums in 2011 against 4.69 billion soums in 2010, the company’s annual report said.

Net revenue grew from 35.447 billion soums in 2010 to 45.142 billion soums in 2011. Prime cost rose from 26.068 billion soums to 37.6 billion soums in the reporting period.

Expenses of the period grew from 5.533 billion soums to 7.236 billion soums in the reporting period.

Income from financial activities rose from 256.805 million soums in 2010 to 994.998 million soums in 2011, the report said.

The company exported goods for US$3.548 million in 2011. Within the localization programme, the company produced oil field equipment, spare parts for them, drilling equipment for 48.302 billion soums. The enterprise produced import replacing goods for 35.111 billion soums.

The company’s assets made up 52.474 billion soums in 2011 against 39.012 billion soums in 2010. The charter capital is 593.109 million soums.

Uzbekhimmash started to produce chemical equipment in Uzbekistan. Firstly, the Plant has produced only defence equipment, but in 1942 began to product equipment for peaceful purposes.

Due to past-war time the Plant became as a leading chemical machine building enterprise. The main types of equipment due to past-war time were chemical equipment and turbo compressors.

Today Uzbekhimmash Plant is the leading enterprise, produced Pressure Vessels and Apparatus for chemical, oil and chemical, gas refinery branches of industry in Central Asia.

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