Tashkent, Uzbekistan, June 21
By Demir Azizov– Trend:
Uznefteproduct JSC, subsidiary of Uzbekneftegaz National Holding Company, specializing in processing of hydrocarbon raw materials and producing of oil products, obtained net profit under International Financial Reporting Standards (IFRS) in the amount of 388.013 billion soums in 2015, which is two times less than in 2014, said the company’s consolidated financial report.
The official exchange rate is 2933.99 soums/$1 June 21.
Gross profit obtained as a result of the output sale increased by 53.2 percent up to 1.373 trillion soums, the operating income decreased by 5.1 percent up to 950.941 billion soums, pre-tax profit - by 33.3 percent up to 608.127 billion soums.
The company consists of three oil refineries, namely, Ferghana, Bukhara and Altiarik refineries.
Ferghana and Altiarik plants, producing fuel-oil products, have a processing capacity of 5.5 million tons and 3.2 million tons of oil per year, respectively. Bukhara refinery produces high-quality types of gasoline, jet fuel and diesel fuel. The processing capacity is 2.5 million tons of gas condensate per year.