Net income of Maxam-Chirchiq hits 14.34bn soums in 2012
11/06/2013 18:59
Net income of Maxam-Chirchiq hits 14.34bn soums in 2012
11/06/2013 18:59
Tashkent, Uzbekistan (UzDaily.com) -- Open joint stock company Maxam-Chirhiq received a net income worth 14.34 billion soums in 2012 against 24.4 billion soums in 2011, according to the balanced sheet of the company.
Net revenue of the company grew from 271.998 billion soums in 2011 to 315.213 billion soums in 2012. The prime cost rose from 198.852 billion soums to 250.415 billion soums in the reporting period.
Gross income made up 64.798 billion soums in 2012 compared to 73.146 billion soums in 2011. The expanses fell from 63.369 billion soums to 62.297 billion soums in the reporting period.
The assets grew from 513.49 billion soums in 2011 to 609.266 billion soums in 2012. At the same time, long-term assets rose from 172.389 billion soums to 228.508 billion soums and current assets – from 341.101 billion soums to 380.758 billion soums in the reporting period.
Own capital reached 205.421 billion soums in 2012 to 188.73 billion soums in 2011. The charter capital was 24.996 billion soums. Undistributed income grew from 32.902 billion soums to 46.249 billion soums in the reporting period.
Liabilities rose from 324.76 billion soums in 2011 to 403.845 billion soums in 2012. Long-term liabilities decreased from 71.1 billion soums to 64.253 billon soums and current liabilities rose from 253.66 billion soums to 339.592 billion soums in the reporting period.
Maxam-Chirchiq OJSC, former Elektrohimprom, was commissioned in 1940 and specializes on production of ammonia, ammonium nitrate, and carbamide. MaxamCorp S.A.U. purchased 49% stake at Elektrohimprom for US$22 million in 2007. The company undertook obligation to invest US$55 million in next five years. The charter capital of the company is 24.996 billion soums.
Maxam-Chirchiq is a leading chemical enterprise in Uzbekistan, which produces 30 types of goods. The company realizes its products in internal market and exports to the countries of the CIS, European Union, USA, Latin America, and Australia.
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