Angren Pack completes 2012 with loss
10/06/2013 16:18
Angren Pack completes 2012 with loss
10/06/2013 16:18
Tashkent, Uzbekistan (UzDaily.com) -- Angren Pack open joint stock company with foreign investments (Sanoatqalinqogozsavdo) received net loss for 2.2234 billion soums in 2012 against net loss for 246.911 million soums in 2011, the audited annual report of the company said.
Net revenue of the company rose from 11.9 billion soums in 2011 to 13.269 billion soums in 2012. The prime cost grew from 9.662 billion soums to 12.61 billion soums in the reporting period.
The company said that expenses of the period made up 2.98 billion soums in 2012 against 2.578 billion soums in 2011.
The assets grew from 11.432 billion soums in 2011 to US$15.413 billion soums in 2012, the report said. The long-term assets rose from 6.59 billion soums in 2011 to 9.408 billion soums in 2012. Current assets made up 6.005 billion soums in 2012 against 4.842 billion soums in 2011.
Own capital of Angren Pack decreased from 7.688 billion soums in 2011 to 5.468 billion soums in 2011.
The company’s liabilities reached 9.945 billion soums in 2012 against 3.744 billion soums in 2011.
Angren Pack is a leading enterprise of paper industry of Uzbekistan. It is largest producer of containerboard, corrugated paper and in Central Asia, as well as a major manufacturer of toilet paper, paper napkins and towels.
In 2011, the Czech Republic’s Paper Mill Holding acquired a controlling stake in the enterprise in order to introduce new technologies and improve quality of products.
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