Uzbek chemical machine building plant's net profit rose in 2010

Oil&Gas Materials 7 July 2011 18:01 (UTC +04:00)

Uzbekistan, Tashkent, July 7/ corr Trend D.Azizov /

Uzbekchimmash plant, one of the leading enterprises of Uzbekistan based in Chirchik, Tashkent region, obtained 4.69 billion soums in net profit in 2010 compared to earlier 3.42 billion (a rise by 37 percent), the plant's annual fiscal report said.

In accordance with the report, the company's net profit dropped by 1.1 percent last year to 35.45 billion soums and direct price reduced by 4.3 percent to 26.07 billion soums.

The gross product rose by 9.1 percent to 9.40 billion soums as of 2010, while expenses rose by 14.5 percent to 5.53 billion soums.

Profit from major activities rose by 36.3 percent to 5.5 billion soums, income from financial activities by 28.5 percent to 256.81 million soums, profit from economic activities by 34.1 percent to 5.6 billion soums.

According to the company, export amounted to $1.64 million in 2010. The report did not include data on output in physical clause.

Uzbekchimmash was founded in 1941. The plant entered the National Holding Company Uzbekneftegaz in 1999. The plant's statutory capital is 4.11 billion soums.

Uzbekchimmash is specialized on designing, manufacturing and service of equipment, including for oil and gas industry, heat exchange equipment, evaporated apparatus, filters, and drilling equipment.

The enterprise is the leading manufacturer of pressurized cylinder and devices for chemical, petrochemical, gas refinery fields in Central Asia.