Shares of Uzbek Uzvtortsvetmet listed on the RSE Toshkent

Finance Materials 27 August 2021 15:51 (UTC +04:00)
Shares of Uzbek Uzvtortsvetmet listed on the RSE Toshkent

BAKU, Azerbaijan, Aug. 27

By Fakhri Vakilov – Trend:

Ordinary shares of Uzbekistan’s Uzvtortsvetmet JSC have been included in the “Standard” category of the exchange quotation list of the Republican Stock Exchange (RSE) Toshkent since August 27, Trend reports with reference to the Telegram channel of the RSE Toshkent.

According to the exchange, the plant's shares were one of the most liquid instruments on the OTC market. Transactions with securities were carried out on the Elsis-Savdo platform.

At the time of publication, the nominal price was $0.25; the market capitalization of shares was $1.8 million.

Uzvtortsvetmet JSC is the only specialized enterprise in Central Asia that is engaged in the procurement and processing of scrap and non-ferrous metal waste, the production of non-ferrous metal alloys and consumer goods.

According to the financial statements of the organization, the company doubled its sales volume to $31.3 million for the first half of 2021. However, the share of prime cost in revenue increased from 77.5 percent to 93.4 percent. The company's net profit for six months amounted to $702,200, which is 17 percent less than last year's level.


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