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    Uzbekistan Economics Business

    AMMC's 1Q24 exports reach over $177 mn

    AMMC's 1Q24 exports reach over $177 mn

    Almalyk Mining and Metallurgical Combine (AMMC) exported products worth $177.7 mn in 1Q24, the company's press service reports. This figure represents a 26.9% decrease compared to the same period in 2023. During January-April 2024, AMMC supplied 15,600 tonnes of copper products and 9,300 tonnes of zinc.

    Photo: AMMC
    Source: Freepik

    AMMC exports its products to more than 20 countries worldwide. Last year, the company began exporting copper rods and copper sulphate to the USA, Mexico, and Finland.

    In 1Q24, AMMC reported a net profit of UZS 1.5 trillion ($118.1 mn), with a 4.7% annual growth rate. Other operating income increased significantly by 904.9% to UZS 713.1 bn ($56.2 mn), the Unified Corporate Information Portal of NAPP reports.

    Earlier, Daryo reported that employees of Navoi and Almalyk Mining and Metallurgical Combines hold the top two positions nationwide for the highest amount of accumulated debts on property and land tax. The amounts owed by employees of these companies are UZS 8.1 bn ($639,334) and UZS 8 bn ($631,441), respectively.

    On the other hand, Navoi Mining and Metallurgical Combine (NMMC) emerged as the leading contributor among state-owned enterprises, with payments reaching UZS 6.2 trillion ($486.7 mn). Other significant contributors include AMMC and Khudududgazta'minot, which contributed UZS 1.9 trillion ($149.1 mn) and UZS 899.1 bn ($70.6 mn), respectively.

     

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    13.05.2024, 13:03   Comments (0)   953
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