Uzbek Commodity Exchange receives record net profit
BAKU, Azerbaijan, May 28
By Ilkin Seyfaddini - Trend:
The annual meeting of shareholders of the Uzbek Republican Commodity Exchange (UzEx) has made a decision to pay dividends of 62.2 billion soum ($6.1 million), Trend reports citing UzEx.
The Uzbek Republican Commodity Exchange received a record net profit of 81.7 billion soum ($8 million) last year, which is 2,490 soums (24 cents) per share at its nominal value of 630 soum (6 cents).
The shareholders also decided to allocate 15.7 billion soum ($1.5 million) from profits of previous years to capitalize the charter fund.
Last year, the total value of transactions at UzEx made up 43.1 trillion soum ($4.2 billion). This is 35.6 percent more than in 2018.
The volume of transactions with participation of small business and private entrepreneurship grew by 31 percent in monetary terms and totaled 21 trillion soum ($2 billion).
Last year, $130.8 million worth of goods were exported through the exchange, 5.7 percent more than in 2018.
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